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Applebee's Absolute NNN Property
For Sale
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475 Franklin Rd SE, Marietta, GA 30067

Absolute NNN lease structure places landlord responsibilities with the tenant.

Property Size5,668 SF
Lot Size1.28 Acres
Days on Market143

Property Features for 475 Franklin Rd SE

General Information

Standard status Active
Size 5,668 SF
Lot size 1.28 Acres
Property subtype Retail
Net Operating Income $164,139

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Year Renovated 2011
Listing Agency: Transmercial Commercial Real Estate
Listed By: David Tran · License #CA 00969014
Source: Crexi
Added: Apr 10 Changed: Aug 30 Last Checked: Aug 30 at 11:04AM

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 Transmercial Commercial Real Estate

Investment Insights

Based on property information with market context.

Applebee's operates from a 5,668 SF restaurant on a 1.281-acre corner lot at 475 Franklin Rd SE. The building was completely renovated in 2011 and is subject to an absolute NNN lease with 15 years remaining on the term. The lease includes 1% annual rent increases, contains no early termination clause, and assigns no landlord responsibilities. The operator has 48 locations in Georgia.

The property sits next to an I-75 exit on Marietta Parkway, providing exposure to reported traffic volumes of 44,400 VPD on Marietta Parkway and 214,000 VPD on I-75. More than 225K residents live within 5 miles of the site, adding substantial surrounding population to the restaurant's trade area.

Key Highlights

  • Absolute NNN lease with 15 years remaining and no landlord responsibilities
  • 1% annual rent increases with no early termination clause
  • 5,668 SF restaurant on a 1.281‑acre corner lot

Property Analytics

Current Use

Applebee's Grill + Bar Restaurant

Suggested Use

Top Pick Real Estate Agency Veterinary Clinic Dental Office Electrical Service (Bike/Boat/Book/etc) Store Acupuncture

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

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,055
Businesses Nearby
59k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 58% Shops & Services 40% Hotels & Casinos 2%
McDonald's Dining
28,185 visits/mo 0.4 miles
QuikTrip Shops & Services
20,670 visits/mo 0.3 miles
Piccadilly Restaurants Dining
4,472 visits/mo 0.5 miles
SUBWAY Dining
1,502 visits/mo 0.1 miles
U-Haul Shops & Services
1,495 visits/mo 0.4 miles

Demographics for 30067, GA

47,653
Population
21,168
Households
2.3
Avg Household Size
34
Median Age
54%
College-Educated
93%
High-School Grad
14.4 sq mi
ZIP Area
3,309
Density / Sq Mi
$76,537
Median Household Income
$45,900
Median Earnings
$1,583
Median Rent
$430,700
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - Absolute NNN lease structure places landlord responsibilities with the tenant.
Where is this nnn property located?
The property is located at 475 Franklin Rd SE Marietta, GA.
What are key features of this property?
This property features: Absolute NNN lease with 15 years remaining and no landlord responsibilities; 1% annual rent increases with no early termination clause; 5,668 SF restaurant on a 1.281‑acre corner lot
More about this property
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