Applebee's Restaurant For
1401 Dell Range Blvd, Cheyenne, WY 82009
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Freestanding retail building 100% leased to Applebee's.
Type:Retail, Multifamily
Property size:
5,685 SFPrice / SF:
$747/SF- Added:
- Mar 18, 2026
- Days on Market:
- 67
- Last Refresh:
- Mar 20 at 12:10 am
Property Features for 1401 Dell Range Blvd
General Information
- Standard status
- Active
- Size
- 5,685 SF
- Property subtype
- Retail, Multifamily
Building Details
- Year Built
- 1992
Listing agent Steve Stoecker License #CO 100053286
Listing office CBRE - Fort Collins (970) 372-3007
Listing date Mar 18, 2026
Source Crexi
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 CBRE - Fort Collins
HighLights
- Absolute triple‑net lease with Applebee's, expiring in December 2032, including four (4) five‑year renewal options and contractual rent increases.
- Lease is guaranteed by Flynn Group, the world’s largest Applebee’s franchisee with 460 locations.
- Located adjacent to the Frontier Mall, a 524,000‑square‑foot regional shopping destination with 2.9 million annual visits.
- Prominent location on Dell Range Boulevard, the primary retail corridor in Cheyenne, surrounded by major national retailers.
- Freestanding 5,685‑square‑foot retail facility occupied by Applebee's since 1992.
- Located in Cheyenne, Wyoming, the state capital, with easy access to downtown and the regional airport.
Overview
This 5,685-square-foot freestanding retail facility, constructed in 1992, is 100% leased to Applebee's. Applebee's has occupied the site since its inception. The property is subject to an absolute triple-net lease with an expiration date of December 2032, inclusive of four five-year renewal options and contractual rent increases throughout both the initial term and option periods. The franchisee and lease guarantor, Flynn Group, is the world’s largest Applebee’s franchisee with 460 locations across 25 states. The property is located along Dell Range Boulevard, the primary retail corridor within the Cheyenne MSA, surrounded by major national retailers such as Dillard’s, Walmart, Target, Lowe’s, Kohl’s, JC Penney, Ross Dress for Less, Sam’s Club, and Hobby Lobby. The Applebee’s location benefits from its adjacency to the Frontier Mall, a 524,000-square-foot regional shopping destination drawing 2.9 million annual visits. The mall offers a diverse range of daily necessities, discount apparel, entertainment, and quick-service dining. The Cheyenne Applebee’s is a 15-minute drive north of downtown Cheyenne and 10 minutes from the regional airport. Applebee’s has over 1,500 restaurants across the United States and 11 other countries, operated by 53 franchisees as of December 31, 2024. The Applebee’s Cheyenne property is being offered free and clear of existing debt on an “as-is/where is” basis.
Property Profile
Location Intelligence
Current Use by Public Records
Applebee's Grill + Bar
Restaurant
Similar Places Nearby
- China Buffet — 1958 Dell Range Blvd, Cheyenne, WY 82009
Location Insight
- Map
- Local Demand
- City
- Cheyenne
- County
- Laramie
- State
- Wyoming
- Longitude
- -104.8069153
- Latitude
- 41.1598688
Nearby Similar for Sale
FAQs
What type of property is this?
Conventional restaurant - Freestanding retail building 100% leased to Applebee's.
Where is this conventional restaurant located?
The property is located at 1401 Dell Range Blvd Cheyenne, WY.
What is the asking price?
The asking price for this property is $4,250,000.
What are key features of this property?
This property features: Absolute triple‑net lease with Applebee's, expiring in December 2032, including four (4) five‑year renewal options and contractual rent increases.; Lease is guaranteed by Flynn Group, the world’s largest Applebee’s franchisee with 460 locations.; Located adjacent to the Frontier Mall, a 524,000‑square‑foot regional shopping destination with 2.9 million annual visits.
