Triple-Net Applebee's
For Sale
Contact for pricing
4296 Kent Rd, Stow, OH 44224
Applebee’s subject to a 20-year NNN lease with two years remaining, on a 1.24-acre site.
Property Size5,071 SF
Lot Size1.24 Acres
Days on Market121
Property Features for 4296 Kent Rd
General Information
Standard status
Active
Size
5,071 SF
Lot size
1.24 Acres
Property subtype
Retail
Listing Agency:
SURMOUNT
(332) 345-4222
Listed By:
Glen Kunofsky · License #NY 49KU1129178
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Jul 22 at 5:39AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SURMOUNT
Investment Insights
Based on property information with market context.
Marcus & Millichap presents an Applebee’s restaurant property located at 4296 Kent Road in Stow, Ohio. The site includes approximately 5,071 rentable square feet of building space on an estimated 1.24-acre parcel. The property is subject to a 20-year triple-net (NNN) lease structure.
The lease has 2 years remaining. Current rent is $298,258, with scheduled increases of 7.5% every five years throughout the base term and into each of four (4), five (5)-year tenant renewal option periods.
For buyers and brokers seeking a leased, NNN restaurant investment, this offering provides a defined remaining term and an established rent growth schedule under the existing lease terms.
The lease has 2 years remaining. Current rent is $298,258, with scheduled increases of 7.5% every five years throughout the base term and into each of four (4), five (5)-year tenant renewal option periods.
For buyers and brokers seeking a leased, NNN restaurant investment, this offering provides a defined remaining term and an established rent growth schedule under the existing lease terms.
Key Highlights
- Applebee’s at 4296 Kent Road, Stow, Ohio on an estimated 1.24‑acre parcel
- Approximately 5,071 rentable SF building space
- Subject to a 20‑year triple‑net (NNN) lease with 2 years remaining
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
339
Businesses Nearby
663k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 26%
Apparel 20%
Dining 18%
Shops & Services 17%
Target
Superstores
84,453 visits/mo
0.4 miles
Meijer
Groceries
72,442 visits/mo
0.3 miles
Kohl's
Apparel
54,141 visits/mo
0.4 miles
Hobby Lobby
Shops & Services
51,125 visits/mo
0.2 miles
Giant Eagle Supermarket
Groceries
42,886 visits/mo
0.3 miles
Demographics for 44224, OH
38,709
Population
16,826
Households
2.3
Avg Household Size
42
Median Age
49%
College-Educated
96%
High-School Grad
20.4 sq mi
ZIP Area
1,898
Density / Sq Mi
$91,096
Median Household Income
$48,624
Median Earnings
$1,190
Median Rent
$243,500
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Applebee’s subject to a 20-year NNN lease with two years remaining, on a 1.24-acre site.
Where is this nnn property located?
The property is located at 4296 Kent Rd Stow, OH.
What are key features of this property?
This property features: Applebee’s at 4296 Kent Road, Stow, Ohio on an estimated 1.24‑acre parcel; Approximately 5,071 rentable SF building space; Subject to a 20‑year triple‑net (NNN) lease with 2 years remaining
