500 W Business 36 · Chillicothe, MO 64601 · QSR / Restaurant
We run the asking price and cap rate against a network of 7,000+ lenders to return indicative terms, then package a lender memorandum. Takes about two minutes and we will need your target leverage and timing.
Give us your relinquished sale close date and we will calculate your 45-day identification and 180-day closing deadlines, track the clock, and surface matching inventory before it expires. We coordinate directly with your Qualified Intermediary and can introduce one if you have not yet engaged an exchange accommodator. Investment Grade does not provide tax or legal advice.
Building age, size and improvement mix drive how much of this asset a cost segregation study can accelerate into year one. Tell us your tax year and entity and we will model the deduction.
● Absolute NNN Lease – There are zero landlord responsibilities or expenses, providing
100% passive income to the landlord.
● Proximity to Major Retailers – Situated in a highly trafficked area with proximity to
major retail hubs, including a Walmart Supercenter and Lowe's, ensuring consistent
consumer flow and increased visibility.
● Strategic Access – The property offers convenient access off Hwy 36 (Kansas City
Expy) and is located in a high-traffic area, maximizing accessibility for both local
patrons and out-of-town visitors.
● Low Competition – The Applebee’s is the only national franchised casual diner within
a ±20-mile radius of the property.
● Strong Economic Base – Chillicothe’s diverse economy, driven by agriculture, retail,
and regional tourism, offers resilience and ensures continued demand for
commercial properties like the Applebee’s location.
● National Tenant – Applebee’s Grill + Bar, a subsidiary of DineEquity, INC. is one of the
largest casual dining restaurant chains in the world with over 1,660 locations
We represent buyers on a cooperating commission basis. On the majority of transactions there is no separate fee to you.
Property details and lease terms are open. Photography, the offering memorandum, lease abstract and due diligence materials are shared with registered buyers.
Optional. On time-sensitive listings a call reaches you faster than email. We will not use it for automated calls or texts.
Asking-market observation aggregated from public listing sources, last observed Sep 18, 2026. Figures are asking price and asking cap rate as published by the listing party, not a verified closed transaction. Lease terms shown where reported by the listing party and not independently verified. Shown for market reference only; this is not an offering. Investment Grade Income Property, LP represents buyers on a cooperating commission basis.