5855 Blaine Ave | Inver Grove Heights, MN 55076
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5855 Blaine Ave
Inver Grove Heights, MN 55076
Applebee's · Retail Property For Sale
Investment Highlights
- Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities
- 10% Increases Every 5 Years With the Next Increase Being in Less Than 2 Years
- Long-Term Operating History; Tenant Has Been at This Site Since 1997
- Just Under 7 Years Remaining in Initial Term
- Apple American Group is the Largest Applebee’s Franchisee in the Nation
- Easily Adaptable Building Which Allows For Several Alternative Uses
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
5,166 SF
Building Class
B
Year Built
1997
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
1.49 AC
Zoning
PUD
Frontage
PROPERTY TAXES
| Parcel Number | 20-14175-01-010 | Improvements Assessment | $599,515 |
| Land Assessment | $1,000,093 | Total Assessment | $1,599,608 |
PROPERTY TAXES
Parcel Number
20-14175-01-010
Land Assessment
$1,000,093
Improvements Assessment
$599,515
Total Assessment
$1,599,608
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