Lead Agents
Applebee's & IHOP Dual Brand Restaurant
Ukiah, California
Price:
$3,944,000
Cap Rate:
6.35%
NOI:
$253,597
Built:
Remodeled in 2025
Building Size (SF):
6,022 SF
Lot Size (Acres):
1.00 AC
This Applebee’s + IHOP dual brand restaurant is a first-of-its-kind in the region and backed by a 20-year absolute NNN lease. Positioned directly off Highway 101 and surrounded by national retailers like Walmart, Michaels, Staples, and Foodmaxx, this listing has annual rent escalations and no landlord responsibilities, offering both cash flow and long-term value. Backed by a proven operator with 50+ locations, this offering combines stability, innovation, and high visibility in one of the region’s most active retail corridors.
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