Applebee's Restaurant
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For Sale
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602 FAIRVIEW BLVD, Kendallville, IN 46755
Established restaurant property with C-3 zoning and an existing Applebee’s identity.
Property Size4,755 SF
Price / SF$355.09
Days on Market5
Property Features for 602 FAIRVIEW BLVD
General Information
Standard status
Active
Size
4,755 SF
Total Parking Spaces
104
Property subtype
Retail
Zoning
C-3
Occupancy
100%
Lease Type
Absolute Net
Investment Type
Stabilized
Net Operating Income
$123,636
Additional Details
Cap Rate
7.32%
Building Details
Year Built
2000
Stories
1
Units
1
Tenancy
Single
Listing Agency:
Matthews
Listed By:
Eddie DeSimone · License #10410386411
Source:
Crexi
Added: Aug 31
Changed: Sep 3
Last Checked: Sep 3 at 2:01AM
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 Matthews
Investment Insights
Based on property information with market context.
This conventional restaurant property in Kendallville, Indiana, encompasses 4,755 square feet and was built in 2000. The site is associated with the Applebee’s brand and carries C-3 zoning, providing a defined commercial-use designation for the property.
Located at 602 Fairview Blvd, the asset is presented with a 6.06% rent-to-sales ratio and a 7.32% cap rate. Its established restaurant format and recognizable operating identity create a focused profile for restaurant-oriented ownership or occupancy.
Located at 602 Fairview Blvd, the asset is presented with a 6.06% rent-to-sales ratio and a 7.32% cap rate. Its established restaurant format and recognizable operating identity create a focused profile for restaurant-oriented ownership or occupancy.
Key Highlights
- 4,755‑square‑foot conventional restaurant property
- Applebee’s brand identity
- Built in 2000
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
181
Businesses Nearby
94k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 37%
Home Improvements & Furnishings 32%
Shops & Services 28%
Apparel 3%
Rural King
Home Improvements & Furnishings
24,251 visits/mo
0.1 miles
Speedway
Shops & Services
12,894 visits/mo
0.1 miles
Taco Bell
Dining
12,702 visits/mo
0.1 miles
Dollar Tree
Shops & Services
11,129 visits/mo
0.2 miles
Burger King
Dining
10,599 visits/mo
0.1 miles
Demographics for 46755, IN
15,721
Population
6,857
Households
2.3
Avg Household Size
40
Median Age
17%
College-Educated
85%
High-School Grad
74.9 sq mi
ZIP Area
210
Density / Sq Mi
$66,034
Median Household Income
$41,567
Median Earnings
$722
Median Rent
$160,300
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Established restaurant property with C-3 zoning and an existing Applebee’s identity.
Where is this conventional restaurant located?
The property is located at 602 FAIRVIEW BLVD Kendallville, IN.
What is the asking price?
The asking price for this property is $1,688,441.
What are key features of this property?
This property features: 4,755‑square‑foot conventional restaurant property; Applebee’s brand identity; Built in 2000
