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Applebee's NNN Property
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1609 E 17th Ave, Hutchinson, KS 67501

Absolute NNN lease with substantial remaining term and renewal options.

Property Size5,002 SF
Lot Size1.99 Acres
Days on Market144

Property Features for 1609 E 17th Ave

General Information

Standard status Active
Size 5,002 SF
Lot size 1.99 Acres
Property subtype Retail
Occupancy 100%
Listing Agency: SURMOUNT
Listed By: Glen Kunofsky · License #NY 49KU1129178
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 29 at 3:56PM

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.

This Applebee’s property comprises approximately 5,002 rentable square feet on an estimated 1.99-acre parcel. The real estate is subject to an absolute NNN lease with approximately 16.5 years remaining on the current term.

Located at 1609 E 17th Ave in Hutchinson, Kansas, the property combines a branded commercial building with a sizable land component. The lease includes four five-year renewal options, and rent increases by 1.5% annually beginning in year 7 and continuing through each option period.

Key Highlights

  • Applebee’s property at 1609 E 17th Ave, Hutchinson, KS 67501
  • Approximately 5,002 rentable square feet
  • Estimated 1.99‑acre parcel

Property Analytics

Current Use

Wile Lawn Care ... Landscaping Applebee's Grill + Bar Restaurant

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Hair Salon Auto Parts Store Parking Lot & Garage

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

Lease Details

100%
Occupancy

Location Intelligence

Trade Area within ½ mile

791
Businesses Nearby
427k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 30% Superstores 21% Shops & Services 20% Home Improvements & Furnishings 13%
Walmart Superstores
89,540 visits/mo 0.2 miles
Chick-fil-A Dining
34,256 visits/mo 0.1 miles
T.J. Maxx Apparel
30,460 visits/mo 0.2 miles
Hobby Lobby Shops & Services
29,924 visits/mo 0.1 miles
The Home Depot Home Improvements & Furnishings
22,149 visits/mo 0.3 miles

Demographics for 67501, KS

24,779
Population
11,075
Households
2.2
Avg Household Size
37
Median Age
11%
College-Educated
85%
High-School Grad
188.0 sq mi
ZIP Area
132
Density / Sq Mi
$50,069
Median Household Income
$29,008
Median Earnings
$865
Median Rent
$86,300
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
NNN property - Absolute NNN lease with substantial remaining term and renewal options.
Where is this nnn property located?
The property is located at 1609 E 17th Ave Hutchinson, KS.
What are key features of this property?
This property features: Applebee’s property at 1609 E 17th Ave, Hutchinson, KS 67501; Approximately 5,002 rentable square feet; Estimated 1.99‑acre parcel
(332) 345-4222 Call to check price and availability
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