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Triple-Net Applebee's Restaurant
For Sale
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5613 Spectrum Drive, Frederick, MD 21703

Applebee’s for sale with an absolute triple-net lease along a busy retail corridor.

Property Size4,303 SF
Days on Market122

Property Features for 5613 Spectrum Drive

General Information

Standard status Active
Size 4,303 SF
Property subtype Retail
Listing Agency: Sands Investment Group
Listed By: Andrew Ackerman · License #GA 311619
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 22 at 5:12PM

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 Sands Investment Group

Investment Insights

Based on property information with market context.

This offering includes a 4,303-square-foot Applebee’s property operating under an absolute triple-net (NNN) lease.

The restaurant is located along a busy retail corridor and sits directly in front of the Franklin Scott Key Mall.

The asset is presented for sale as a specialty retail NNN investment with lease responsibility structured as an absolute triple-net arrangement.

Key Highlights

  • 4,303 SF Applebee’s restaurant for sale at 5613 Spectrum Drive in Frederick, MD
  • Absolute triple‑net (NNN) lease included
  • Located along a busy retail corridor

Property Analytics

Current Use

Applebee's Grill + Bar Restaurant

Suggested Use

Top Pick Grocery & Convenience Store (Bike/Boat/Book/etc) Store Parking Lot & Garage Butcher Storage Facility Tanning Salon

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

898
Businesses Nearby
824k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 28% Dining 24% Shops & Services 21% Home Improvements & Furnishings 11%
Target Superstores
138,096 visits/mo 0.3 miles
Sam's Club Superstores
89,184 visits/mo 0.5 miles
Chick-fil-A Dining
65,206 visits/mo 0.1 miles
Sheetz Shops & Services
54,559 visits/mo 0.4 miles
Macy's Apparel
48,010 visits/mo 0.2 miles

Demographics for 21703, MD

41,138
Population
15,773
Households
2.6
Avg Household Size
35
Median Age
43%
College-Educated
92%
High-School Grad
32.0 sq mi
ZIP Area
1,286
Density / Sq Mi
$105,293
Median Household Income
$56,791
Median Earnings
$1,887
Median Rent
$364,300
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 - Applebee’s for sale with an absolute triple-net lease along a busy retail corridor.
Where is this nnn property located?
The property is located at 5613 Spectrum Drive Frederick, MD.
What are key features of this property?
This property features: 4,303 SF Applebee’s restaurant for sale at 5613 Spectrum Drive in Frederick, MD; Absolute triple‑net (NNN) lease included; Located along a busy retail corridor
More about this property
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