Applebee’s

Applebee’s, founded in 1980, is an American casual dining restaurant chain with over 1,600 locations in North America. Headquartered in Glendale, California, the company operates and franchises restaurants that offer affordable meals, drinks, and desserts. Applebee’s corporate expansion strategy has contributed to its success as one of the largest casual dining chains in the country. The company has plans to open new locations and remodel existing restaurants to improve the customer experience. Applebee’s is a subsidiary of Dine Brands Global, Inc.

Applebee’s high sales volume, large store count, and affordable menu items make it a desirable tenant in the net lease market. In addition to offering high-quality dishes and drinks, the company sells popular products from trusted manufacturers such as Coca-Cola, PepsiCo, and Budweiser.