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Lead Agents

Brandon Norton

(480) 269-3154

brandon@monarchcommercial.com

CA DRE# 01985777

ADRE# BR710308000

Dave Lucas

(925) 744-5217

dave@monarchcommercial.com

CA DRE# 01389761

NV RED# 10011411

Scott Reid

(949) 942-6585

scott@parasellinc.com

OR LIC #01231696

Applebee's & IHOP Dual Brand Restaurant

Klamath Falls, Oregon

Price:

$3,833,000

Cap Rate:

6.00%

NOI:

$230,000

Built:

Building Size (SF):

6,315 SF

Lot Size (Acres):

1.61 AC

This Applebee’s + IHOP dual-brand restaurant is secured by a 20-year absolute NNN lease. Located on Campus Drive, the subject property is adjacent to Oregon Tech and minutes from Sky Lakes Medical Center, anchoring it to two of the area’s strongest demand drivers. Recently remodeled and backed by an experienced multi-unit Dine Brands franchisee, the property offers a rare combination of hands-off ownership, daily traffic, and long-term stability in Southern Oregon.

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