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Applebee's NNN Restaurant Property
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1927 Cliff Davis Ave, Gillette, WY 82718

Established restaurant facility with a new 15-year NNN lease and no landlord obligations.

Property Size4,853 SF
Days on Market145

Property Features for 1927 Cliff Davis Ave

General Information

Standard status Active
Size 4,853 SF
Property subtype Retail
Occupancy 100%
Listing Agency: The Kase Group
Listed By: Jacob Abusharkh · License #CA 01385529
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 30 at 3:42AM

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.

The property is a 4,853-square-foot Applebee’s restaurant in Gillette, Wyoming, offering an operating restaurant facility under a newly established long-term lease. The lease carries a 15-year NNN structure, includes scheduled 1.5% annual rent increases, and assigns zero landlord obligations. Lease payment performance is guaranteed by the second-largest Applebee’s operator in the country.

The restaurant is positioned within a major retail trade area alongside national retailers including The Home Depot, Dollar Tree, and Office Depot. Its address is 1927 Cliff Davis Ave, Gillette, WY 82718.

Key Highlights

  • 4,853‑square‑foot Applebee’s restaurant in Gillette, Wyoming
  • New 15‑year NNN lease
  • Scheduled 1.5% annual rent increases

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Law Firm Dental Office HVAC Service Kitchen & Bath Showroom Plumbing Service Big Box & Wholesale Store

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

753
Businesses Nearby
376k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 46% Home Improvements & Furnishings 18% Shops & Services 18% Groceries 7%
Menards Home Improvements & Furnishings
28,660 visits/mo 0.4 miles
Smith's Groceries
27,660 visits/mo 0.3 miles
McDonald's Dining
25,215 visits/mo 0.4 miles
Hobby Lobby Shops & Services
22,496 visits/mo 0.5 miles
Taco Bell Dining
20,278 visits/mo 0.3 miles

Demographics for 82718, WY

25,764
Population
10,228
Households
2.5
Avg Household Size
34
Median Age
27%
College-Educated
92%
High-School Grad
1,596.8 sq mi
ZIP Area
16
Density / Sq Mi
$104,454
Median Household Income
$51,047
Median Earnings
$1,042
Median Rent
$289,900
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
Rey
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Frequently Asked Questions

What type of property is this?
NNN property - Established restaurant facility with a new 15-year NNN lease and no landlord obligations.
Where is this nnn property located?
The property is located at 1927 Cliff Davis Ave Gillette, WY.
What are key features of this property?
This property features: 4,853‑square‑foot Applebee’s restaurant in Gillette, Wyoming; New 15‑year NNN lease; Scheduled 1.5% annual rent increases
(415) 269-2474 Call to check price and availability
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