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1705 E Tipton St
Seymour, IN 47274

$2,021,000 USD

Restaurant For Sale  •  5,628 SF

Property Details

  • Property Type Restaurant
  • Total Building Size 5,628 SF
  • Lot Size 1.22 AC
  • Building Class C
  • Year Built 2002
  • Cap Rate 6.75 %
  • Tenancy Single
  • Zoning 4
0 Transit Score
48 Walk Score

Highlights

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 securi
Rare Corporate Lease – Dine Brands Global, Inc. recently brought the subject property under its corporate umbrella in May 2025, displaying the strengt
Annual Rent Increases – The lease includes 1.50% annual rent escalations, providing steady income growth and a built-in hedge against inflation. These
High-Traffic Signalized Corner Location – The property is situated on the corner of a prominent signalized intersection which offers excellent visibil
Strong Retail Corridor – National tenants within a close proximity to the property include Walmart Supercenter, Home Depot, Aldi, Tractor Supply Co.,
Cap Rate: 6.75 %

Major Tenants

Tenant SF Occupied Lease End Date
Applebee's
Josh Lesaca 602-412-3775 Matthews Real Estate Investment Services
Josh Lesaca 602-412-3775 Matthews Real Estate Investment Services