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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

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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