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Applebee's - Cincinnati, OH

Located just off the James A Rhodes Appalachian Highway, or I-32, in Cincinnati, Ohio, the Applebee's is located as an out-pad to a Pep Boys-anchored regional center at the Glen Este Withamsville Road off ramp. Other national retailers in the immediate area include Sam's Club, Meijer, Panera Bread, Chick-fil-A, Chuck E. Cheese's, Super Walmart, Starbucks, LongHorn Steak House, Hampton Inn & Suites, Comfort Inn & Suites, Bed Bath & Beyond, Tractor Supply, Meineke Car Care, and a US Army Recruiting Center.

Eastgate Mall is located just to the west of the site and is home to JC Penney, Dillard's, Kohl's, Sears and over 100 other retailers including Krogers, LensCrafters, Marshalls, Payless ShoesSource, and Logan's Road House.

Thomas & King is America's nineteenth largest restaurant franchise company and sixth largest Applebee's franchisee. With over 5,500 employees, 88 Applebee's Neighborhood Grill & Bar restaurants, and six Carino's Italian restaurants in the following five states: Kentucky, Ohio, Arizona, Pennsylvania, and Indiana. Thomas and King is a leaser in the casual dining industry.

Applebee's was founded in Atlanta, GA in 1980 by Bill and T.J. Palmer, and was acquired six years later by Applebee's International, Inc. The company employs more than 100,000 team members worldwide, with Thomas & King accounting for 5,500 employees. Applebee's Neighborhood Grill & Bar is the largest casual dining concept in the world with 1,990 restaurants in 49 states and 15 other countries. Applebee's Services Inc., and its affiliates, franchise and operate restaurants under Applebee's Neighborhood Grill & Bar and are a DineEquity, Inc (NYSE:DIN) brand.

Additional Info

  • Address: : 4440 Glen Este Withamsville Rd, Cincinnati, OH
  • Price: : $2,038,000
  • Net Rentable Area: : 4,450
  • Lot Size (Acres): : 1.09
  • CAP Rate: : 6.96%
  • Price Per Sqft: : $472.81
  • NOI: : $142,040
  • Year Built: : 1992
  • Status: : Available