» ABSOLUTE NET LEASE · NO LANDLORD RESPONSIBILITIES · 30-UNIT GUARANTY
The property is secured by a 20-year absolute NNN lease with no landlord responsibilities and a 30-unit franchisee guaranty.
 

» ANNUAL RENTAL INCREASES · STRONG LONG-TERM CASH FLOW
The lease includes 1.5% annual rent increases, enhancing income stability and growth over the 20-year term.
 

» DUAL-BRANDED IHOP/APPLEBEE’S CONCEPT · EXPANDING NATIONWIDE
This location features the innovative dual-branded IHOP/Applebee’s model, which has demonstrated higher sales compared to standalone units. Dine Brands plans to open 23 additional dual-branded locations in 2025, bringing the total to 41.
 

» PRIME TOURIST DESTINATION · BIG BEAR LAKE, CA
Situated in Big Bear Lake, a popular year-round tourist destination known for its ski resorts, lake activities, and natural beauty, attracting millions of visitors annually.
 

» LIMITED COMPETITION · STRONG LOCAL DEMAND
The property’s location benefits from limited direct competition in the immediate area, catering to both residents and tourists seeking diverse dining options.