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Applebee's NNN Property
New
For Sale
$2,500,000

610 N Bluff Rd, Collinsville, IL 62234

Branded restaurant property offered with an NNN lease structure.

Property SizeContact for details
Days on Market7

Property Features for 610 N Bluff Rd

General Information

Standard status Active
Property subtype Commercial
Occupancy 100%
Lease Term ± 2 Years
Net Operating Income $222,787

Additional Details

Cap Rate 8.91%

Building Details

Year Built 1997
Listing Agency: Matthews
Listed By: Owen Gerhold · License #833570 (TX)
Source: Matthews
Added: Sep 18 Changed: Sep 23 Last Checked: Sep 24 at 6:37AM

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 Applebee's property is offered as an NNN asset, providing a lease-based commercial real estate profile tied to the recognized restaurant brand. The reported capitalization rate is 8.91%.

The property is located at 610 North Bluff Road in Collinsville, Illinois, within the St. Louis metropolitan area.

Key Highlights

  • Applebee's‑branded NNN property
  • 8.91% cap rate
  • Located at 610 North Bluff Road, Collinsville, IL 62234

Property Analytics

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Current Use

Applebee's Grill + Bar Restaurant

Suggested Use

Top Pick Real Estate Agency Hair Salon Spa & Massage Center Auto Repair Shop Auto Parts Store Nail 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

364
Businesses Nearby
8k
Monthly Visits Nearby

Foot Traffic Nearby

Hotels & Casinos 100%
Hampton Inn Collinsville Hotels & Casinos
2,243 visits/mo 0.2 miles
Comfort Inn Collinsville near St. Louis Hotels & Casinos
1,980 visits/mo 0.1 miles
La Quinta Inn & Suites Collinsville - St. Louis Hotels & Casinos
1,216 visits/mo 0.3 miles
Fairfield Inn by Marriott St. Louis Collinsville, IL Hotels & Casinos
1,082 visits/mo 0.2 miles
Days Inn Collinsville, Il Hotels & Casinos
973 visits/mo 0.2 miles

Demographics for 62234, IL

31,843
Population
14,947
Households
2.1
Avg Household Size
40
Median Age
27%
College-Educated
92%
High-School Grad
37.3 sq mi
ZIP Area
854
Density / Sq Mi
$66,437
Median Household Income
$41,710
Median Earnings
$995
Median Rent
$162,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
NNN property - Branded restaurant property offered with an NNN lease structure.
Where is this nnn property located?
The property is located at 610 N Bluff Rd Collinsville, IL.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Applebee's‑branded NNN property; 8.91% cap rate; Located at 610 North Bluff Road, Collinsville, IL 62234
More about this property
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