News

BNL Acquisition: Applebee’s

Broadstone Net Lease has acquired an Applebee’s restaurant in Anderson, South Carolina. This Applebee’s restuarant is operated by Apple Gold Group, one of the original Applebee’s franchisees.

  • Closing Date: March 9, 2015
  • Square Footage: 4,400
  • Lease Type: Triple-net
  • Lease Length:  10 Years
  • Rent Increases: 1.60% annually
  • Broker/source: Webb/Marcus & Millichap

Note: The brand listed may not represent BNL’s actual tenant but a lease guarantor, tenant franchise or a D/B/A (doing business as).