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Applebee's 1705 E Tipton St 5,628 SF Retail Building Seymour, IN 47274 $2,819,699 CAD ($501.01 CAD/SF) 6.75% Cap Rate
INVESTMENT HIGHLIGHTS
- Absolute NNN Lease – Tenant is responsible for paying all Taxes, Insurance, and Maintenance, providing an investor complete passive ownership.
- Rare Corporate Lease – Dine Brands Global, Inc. recently brought the subject property under its corporate umbrella in May 2025, displaying the strengt
- High-Traffic Signalized Corner Location – The property is situated on the corner of a prominent signalized intersection which offers excellent visibil
- Corporate Guarantee – The lease benefits from a Corporate Guarantee from parent company, Dine Brands Global (NYSE: DIN), which affords landlord securi
- Annual Rent Increases – The lease includes 1.50% annual rent escalations, providing steady income growth and a built-in hedge against inflation. These
- Strong Retail Corridor – National tenants within a close proximity to the property include Walmart Supercenter, Home Depot, Aldi, Tractor Supply Co.,
EXECUTIVE SUMMARY
Kyle Matthews
License # RC52200195 (IN)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
PROPERTY FACTS
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
-
- Accommodation and Food Services
- -
- -
- -
There's a lot to love about Applebee's. Founded over 4 decades ago on the principles of exceptional value and family fun, they take pride in having a friendly, welcoming, neighborhood environment. They continue to set the standards for best practices in the restaurant industry. People Report has awarded them the Heart of the Workplace Award, Top Performer in Management Retention Award, Excellence in Retention Award, and Catalyst Award. Forbes named them One of America's Best Managed Companies, and Restaurant Hospitality Magazine named them Chain of the Year. They are proud of these accomplishments and believe when thousands of people embrace their responsibility to their neighborhoods, the results can be astounding.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
|
|
Accommodation and Food Services | - | - | - |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 36-66-16-400-007.002-009 | Improvements Assessment | $446,883 CAD |
| Land Assessment | $373,216 CAD | Total Assessment | $820,099 CAD |
PROPERTY TAXES
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Applebee's | 1705 E Tipton St
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