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Applebee's Absolute NNN Property
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2875 S 9th St, Salina, KS 67401

Freestanding restaurant leased under an absolute NNN structure with long-term contractual occupancy.

Property Size5,470 SF
Lot Size1.40 Acres
Days on Market143

Property Features for 2875 S 9th St

General Information

Standard status Active
Size 5,470 SF
Lot size 1.40 Acres
Property subtype Retail
Listing Agency: SURMOUNT
Listed By: Glen Kunofsky · License #NY 49KU1129178
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 29 at 5:47PM

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.

Located at 2875 S 9th St in Salina, Kansas, this freestanding Applebee’s restaurant occupies approximately 5,470 rentable square feet on an estimated 1.40-acre parcel. The property is offered with an absolute NNN lease, placing the contractual structure at the center of the asset’s operating profile.

Approximately 16 years remain on the current lease term. Contractual rent growth is scheduled at 1.5% annually beginning in year 7, followed by four renewal options of five years each. The existing national restaurant use and defined lease schedule provide a clear framework for evaluating the property as a single-tenant net lease asset.

Key Highlights

  • Applebee’s restaurant at 2875 S 9th St, Salina, KS 67401
  • Approximately 5,470 rentable square feet
  • Estimated 1.40‑acre parcel

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Building Supply Hair Salon HVAC Service Nail Salon Spa & Massage Center Gym & Fitness Center

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

323
Businesses Nearby
438k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 55% Dining 29% Home Improvements & Furnishings 9% Electronics 3%
Walmart Superstores
105,455 visits/mo 0.3 miles
Sam's Club Superstores
77,307 visits/mo 0.1 miles
Target Superstores
60,459 visits/mo 0.2 miles
Lowe's Home Improvements & Furnishings
26,866 visits/mo 0.3 miles
SONIC Drive In Dining
21,238 visits/mo 0.4 miles

Demographics for 67401, KS

50,338
Population
22,434
Households
2.2
Avg Household Size
39
Median Age
29%
College-Educated
93%
High-School Grad
252.0 sq mi
ZIP Area
200
Density / Sq Mi
$62,603
Median Household Income
$36,995
Median Earnings
$913
Median Rent
$172,700
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
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Frequently Asked Questions

What type of property is this?
NNN property - Freestanding restaurant leased under an absolute NNN structure with long-term contractual occupancy.
Where is this nnn property located?
The property is located at 2875 S 9th St Salina, KS.
What are key features of this property?
This property features: Applebee’s restaurant at 2875 S 9th St, Salina, KS 67401; Approximately 5,470 rentable square feet; Estimated 1.40‑acre parcel
(332) 345-4222 Call to check price and availability
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