Lead Agents
Applebee's & IHOP Dual Brand Restaurant
Oroville, California
Price:
$4,583,000
Cap Rate:
6.00%
NOI:
$275,000
Built:
2025
Building Size (SF):
4,98 SF
Lot Size (Acres):
0.57 AC
Two national brands and 20 years of control. This Applebee’s + IHOP dual-brand restaurant sits in Oroville’s dominant retail corridor along Highway 70, surrounded by Walmart, Ross, Smart & Final, and other national retailers. Secured by a 20-year absolute NNN lease with annual rent increases and backed by a 53-unit Dine Brands franchisee, this recently remodeled 2025 prototype delivers true passive ownership in a high-traffic regional hub market.
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