Absolute Net Applebee's Ground Lease

Imagine a city that feels like a close-knit community but moves with the energy of a major hub. Welcome to Greenwood, IN a vibrant high income community of over 68,000 residents perfectly perched just 12 miles south of Indy. With direct access to I-65 and U.S. 31, it’s the heartbeat of Johnson County—a place where business, leisure, and daily life blend seamlessly. Greenwood is more than just a convenient location; it’s a dynamic economic engine known for its adaptability and forward-thinking spirit. The city is constantly evolving, with fresh infrastructure projects—like the major Main Street corridor overhaul and new roundabouts—enhancing its charm and accessibility. This growth has brought with it top-tier healthcare, a booming business scene, and a genuine sense of local pride. Education is the crown jewel of the area. Students thrive in the highly-regarded Greenwood, Center Grove, and Clark-Pleasant school districts, all of which are known for their comprehensive programs and exceptional teachers. For those looking beyond high school, the options are endless. Local campuses like Indiana Tech offer great starts, while prestigious universities like Butler, IU Indianapolis, and Franklin College are all just a quick drive away.SVN Wilson is pleased to present the generational opportunity to acquire a 100% fee simple interest in the land beneath a freestanding Applebee’s in Greenwood, Indiana. This is a true "hands-off" investment—an Absolute Net (NNN) ground lease where the tenant handles all taxes, insurance, and maintenance, leaving you with predictable, passive income. Key Financial Highlights: Built-in Growth: Enjoy consistent 8% rental increases every five years, continuing through the primary term and all three 5-year renewal options. (Tenant currently in 1st 5 year option) Reliable Income: The lease provides a steady revenue stream with zero landlord responsibilities. Elite Tenant: Leased to a subsidiary of the Flynn Group (formerly Apple American Group), the world’s largest franchise operator. Led by founder and CEO Greg Flynn, the group now operates over 450 Applebee’s locations across 23 states as part of a massive 3,000+ unit global portfolio. A "Main & Main" Location: This crown jewel property sits on approximately 1.3 acres in the heart of Johnson County's premier retail corridor. Strategically located on State Road 135, the site enjoys high visibility and signalized access directly in front of Home Depot, WalMart and across the street from Super Target. This high-traffic environment with a who's-who roster of national retailers and restaurants ensures the long-term desirability and underlying real estate value of the asset for years to come. The strength of the market is confirmed by Facebook (Meta) who just started construction on a massive $10 Billion 1,500 acre data center to support it's AI workload.