Applebee's- Seymour, IN

Absolute NNN Lease – Tenant is responsible for paying all Taxes, Insurance, and Maintenance, providing an investor complete passive ownership.
Corporate Guarantee – The lease benefits from a Corporate Guarantee from parent company, Dine Brands Global (NYSE: DIN), which affords landlord security with a substantial entity backing the rental payments.
Rare Corporate Lease – Dine Brands Global, Inc. recently brought the subject property under its corporate umbrella in May 2025, displaying the strength of the site and the tenant’s commitment to the property.
Annual Rent Increases – The lease includes 1.50% annual rent escalations, providing steady income growth and a built-in hedge against inflation. These scheduled increases enhance returns over time and contribute to long-term value appreciation.
High-Traffic Signalized Corner Location – The property is situated on the corner of a prominent signalized intersection which offers excellent visibility and access with over ±30,330 vehicles passing the property per day.
Strong Retail Corridor – National tenants within a close proximity to the property include Walmart Supercenter, Home Depot, Aldi, Tractor Supply Co., and Harbor Freight to name a few.
National Tenant – Applebee’s Grill + Bar, a subsidiary of Dine Brands Global, is one of the largest casual dining restaurant chains in the world with ±1,550 locations.

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