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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

Applebee's & IHOP Dual Brand Restaurant

Red Bluff, California

Price:

$4,000,000

Cap Rate:

6.00%

NOI:

$240,000

Built:

2025

Building Size (SF):

4,875 SF

Lot Size (Acres):

1.20 AC

Two iconic brands under one roof. This Applebee’s + IHOP dual-brand prototype reflects Dine Brands’ strategic growth initiative—capturing strong morning traffic and evening dining demand within one modernized concept. Positioned immediately off Interstate 5 in Red Bluff, the property benefits from high visibility and co-tenancy alongside Starbucks, McDonald’s, Burger King, and major travel stops—driving consistent traveler and local traffic year-round. Backed by a multi-unit Dine Brands franchisee guarantor, the absolute NNN lease with built-in annual increases delivers true passive ownership supported by nationally recognized brands.

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