Lead Agents
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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