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NNN-Leased Applebee’s Restaurant
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2442 W Kettleman Lane, Lodi, CA 95242

Fee simple Applebee’s with absolute NNN lease featuring 10% rent increases every five years.

Property SizeContact for details
Days on Market121

Property Features for 2442 W Kettleman Lane

General Information

Standard status Active
Property subtype Retail
Listing Agency: The Kase Group
Listed By: Jacob Abusharkh · License #CA 01385529
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 22 at 5:38PM

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 The Kase Group

Investment Insights

Based on property information with market context.

This is a fee simple, absolute NNN leased Applebee’s restaurant offering with over eight years remaining on the initial 15-year lease term. The lease includes rent increases of 10% every five years, with increases carrying through the options to renew.

The tenant is Apple NorCal LLC, a subsidiary of Apple American Group, which operates Applebee’s restaurants nationwide. The property is described as being located on a high-traffic commercial thoroughfare and is surrounded by major retail including Starbucks, Lowe’s, Target, Walmart, and Marshalls.

Key Highlights

  • Fee simple interest in an absolute NNN leased Applebee’s restaurant
  • Over 8 years remaining on the initial 15‑year lease term
  • Lease includes rent increases of 10% every five years, carried through renewal options

Property Analytics

Current Use

Sunwest Plaza Shopping Center & Mall Applebee's Grill + Bar Restaurant VIP day spa&nail ... Nail Salon

Suggested Use

Top Pick Auto Repair Shop Building Supply Big Box & Wholesale Store Law Firm Auto Parts Store Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,099
Businesses Nearby
269k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 31% Apparel 30% Shops & Services 26% Groceries 10%
Kohl's Apparel
40,871 visits/mo 0.2 miles
Ross Dress for Less Apparel
32,161 visits/mo 0.2 miles
FoodMaxx Groceries
26,700 visits/mo 0.2 miles
Starbucks Dining
21,239 visits/mo 0.1 miles
Bank of America Shops & Services
16,009 visits/mo 0.2 miles

Demographics for 95242, CA

27,341
Population
11,190
Households
2.4
Avg Household Size
42
Median Age
32%
College-Educated
92%
High-School Grad
90.9 sq mi
ZIP Area
301
Density / Sq Mi
$99,709
Median Household Income
$49,530
Median Earnings
$1,925
Median Rent
$549,700
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Fee simple Applebee’s with absolute NNN lease featuring 10% rent increases every five years.
Where is this conventional restaurant located?
The property is located at 2442 W Kettleman Lane Lodi, CA.
What are key features of this property?
This property features: Fee simple interest in an absolute NNN leased Applebee’s restaurant; Over 8 years remaining on the initial 15‑year lease term; Lease includes rent increases of 10% every five years, carried through renewal options
(415) 269-2474 Call to check price and availability
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