Applebee’s | NNN Lease | Excellent Sales

98 Shaw Avenue, Clovis, CA 93612

Property Description

Price: $5,310,000
Land Area: ±33,976 Square Feet
Cap Rate: 5.75%
Gross Leasable Area: ±6,993 Square Feet
Year Built: 1985

Investment Highlights

Nationally Recognized Operator: Operated by a Subsidiary of Apple American Group (“AAG”), a Division of Flynn Restaurant Group | AAG is the Largest Applebee’s Franchisee With 440+ Locations and $1.3+ Billion in Annual Sales

The Subject Property is Ranked in the Top 10% for Applebee’s Traffic in California and Nationwide, According to Placer.ai | Contact Agent for More Details

Excellent Store Sales – 2024 Sales Exceeded $4,000,000 with 2025 Tracking for Further Sales Growth

Prime Retail Location with a Strong Operator

  • Very Low Rent to Sales Ratio of 7.2% | Percentage Rent Provides an Opportunity for Additional Upside Through Continued Sales Growth
  • Flynn Restaurant Group is the Nation’s Largest Franchisee Operator with Over 2,700 Locations, 75,000+ Employees, and Nearly $5 Billion in Annual Sales
  • 200+ Feet of Frontage Along Shaw Avenue, a Major Retail Corridor with Traffic Counts Exceeding 45,000 Cars Per Day
  • Less Than One Block from Sierra Vista Mall, a 78-Acre, 690,000+ Square Foot Regional Mall with Major Anchors Including Target, Kohl’s, and K1 Speed
  • NNN Lease with Minimal Landlord Responsibilities | Ideal for Investors not Local to the Market

Strong Real Estate Fundamentals

  • Proximity to Several Major Retailers such as Costco, Target, PetSmart, Marshalls, Planet Fitness, Grocery Outlet, Lowe’s, Home Depot, and Many More
  • Outparcel to a CVS and Bowlero-Anchored Center, Creating Consistent and Complementary Daily Traffic Throughout the Afternoon and Evening
  • Excellent Demographics – Average Household Income Exceeds $102,000 Within 5 Miles | Dense, Infill Area with More Than 340,000 Residents Within Five Miles

Contact Information

Ron Duong
Ron Duong
Senior Managing Director Investments
(949) 419-3233
[email protected]
License: CA 01438643

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