Applebee's | ±15-Yr NNN | 22-Unit Guaranty | E 16th… — Sale in Yuma, AZ

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Business
  • Location: Yuma, AZ 85365

Photos

Applebee's | ±15-Yr NNN | 22-Unit Guaranty | E 16th… — Sale in Yuma, AZ, photo 1 of 3
Applebee's | ±15-Yr NNN | 22-Unit Guaranty | E 16th… — Sale in Yuma, AZ, photo 2 of 3
Applebee's | ±15-Yr NNN | 22-Unit Guaranty | E 16th… — Sale in Yuma, AZ, photo 3 of 3

Investment Figures

Cap rate
6.34%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap is pleased to present the opportunity to acquire a freestanding Applebee's Grill + Bar at 1100 E 16th Street in Yuma, Arizona, within the Yuma MSA. The ±4,605-square-foot restaurant, built in 2001, sits on ±1.06 acres and is secured by an NNN lease with zero landlord responsibilities, commencing April 1, 2026 and running through March 31, 2041, approximately 15 years remaining, plus three (3) five-year renewal options extending potential occupancy through 2056. Annual base rent of $170,400 reflects a 6.34% cap rate, with scheduled 10% rent increases every five years for consistent income growth. The lease is backed by an experienced 22-unit Applebee's franchisee, with a low rent-to-sales ratio (inquire with agent for details) supporting tenant affordability and long-term lease sustainability. The property fronts East 16th Street (±39,197 VPD) near Interstate 8 (±27,635 VPD), one of Yuma's primary retail and commercial corridors, with immediate neighbors including McDonald's, Carl's Jr., and ampm, plus convenient access to Yuma Palms Regional Center, ranked the #2 power center in Arizona. The 5-mile trade area holds 94,899 residents with $82,329 average household income, and the site benefits from major regional employers including Marine Corps Air Station Yuma, U.S. Army Yuma Proving Ground, and Arizona Western College. The asset sits within the Yuma MSA, home to 221,669 residents and named the 4th Most Affordable City to Buy a Home in the U.S. (WalletHub, 2026). Applebee's operates 1,600+ locations as part of Dine Brands Global (NASDAQ: APPB), pairing established brand strength with a passive, long-term net-lease investment in a growing Southwest market. Investment Highlights: • NNN Lease with Zero Landlord Responsibilities Through March 2041, ±15 Years Remaining • Three (3) Five-Year Renewal Options Extending Potential Occupancy Through 2056 • Scheduled 10% Rent Increases Every Five Years for Consistent Built-In Income Growth • Lease Backed by

Market Context

This food service in Yuma, AZ is listed for sale. It is offered at an approximate 6.3% capitalization rate, a key benchmark for income-producing food service assets. Compare it against other food service listings for sale in Yuma, AZ — view the full market.

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