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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

Scott Reid

(949) 942-6585

scott@parasellinc.com

OR LIC #01231696

Grants Pass, OR

Applebee's & IHOP Dual Brand Restaurant

Price:

$4,835,000

Cap Rate:

6.35%

NOI:

$307,046

Built:

Remodeled 2025/2026

Building Size (SF):

4,964 SF

Lot Size (Acres):

0.69 AC

An established Applebee’s location in Grants Pass is undergoing a full remodel into a next-gen Applebee’s + IHOP dual-brand prototype, secured by a 20-year absolute NNN lease. The property is positioned at a key intersection just off I-5 in a busy Walmart-anchored center.

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