Encore Arranges $3.4 Million Sale of Applebee’s Location in Suburban Detroit

Applebee’s had more than 10 years remaining on its lease at the time of sale. Applebee’s had more than 10 years remaining on its lease at the time of sale.

Roseville, Mich. — Encore Real Estate Investment Services has arranged the $3.4 million sale of a freestanding retail building leased to Applebee’s in Roseville, located 18 miles northeast of Detroit.

Logan McAnallen of Encore arranged the transaction on behalf of both the seller, a Flushing, Michigan-based private investment group, and the buyer, a private investor from Eldersburg, Maryland. Applebee’s had more than 10 years remaining on its lease at the time of sale.

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