Applebee's NNN Properties for Sale
7 live Applebee's listings as of October 7, 2026.
Applebee's cap rates by band
| Cap rate band | Listings | Average asking price |
|---|---|---|
| 5.00% – 5.99% | 1 | $4.63M |
| 6.00% – 6.99% | 3 | $3.21M |
| 7.00% – 7.99% | 3 | $2.79M |
Applebee's listings by state
| State | Listings | Average cap rate |
|---|---|---|
| California | 1 | 5.75% |
| Florida | 1 | 6.85% |
| Missouri | 1 | 6.50% |
| North Dakota | 1 | 7.50% |
| Texas | 1 | 7.50% |
Applebee's remaining lease term
| Remaining term | Listings | Average cap rate |
|---|---|---|
| Under 5 years | 2 | 6.30% |
| 5 – 9.9 years | 3 | 7.17% |
| 15+ years | 2 | 6.90% |
Buying Applebee's in a 1031 exchange
In a 1031 exchange, replacement property must be identified within 45 days of selling the relinquished property and the purchase must close within 180 days. A qualified intermediary holds the sale proceeds in between. Speak with your own tax adviser about your situation.
2 of the 7 live Applebee's listings have 10 or more years of primary lease term remaining (as of October 7, 2026).
Applebee's due-diligence checklist
- Read the full lease: confirm the firm term, renewal options, rent schedule and every landlord responsibility.
- Confirm who guarantees the lease (corporate, franchisee or personal) and review the guarantor’s financial statements where available.
- Order tenant estoppel and SNDA documents before closing.
- Review the title commitment, survey and zoning report for the parcel.
- Commission a Phase I environmental site assessment.
- Inspect the roof, structure, parking lot and HVAC, and confirm any warranties.
- Verify property tax, insurance and CAM reimbursements against the lease.
- Review store-level sales or rent-to-sales data if the tenant reports it.
Applebee's net lease FAQ
How many Applebee's net lease properties are for sale?
Net Lease World shows 7 live Applebee's listings as of October 7, 2026.
What cap rates are Applebee's properties listed at?
Live Applebee's listings with a published cap rate range from 5.75% to 7.50%, with a median of 6.85% (as of October 7, 2026). These are asking cap rates, not closed sales.
What is the typical asking price for a Applebee's property?
The median asking price across live Applebee's listings with a published price is $3.10M (as of October 7, 2026).
Which states have the most Applebee's listings?
California (1), Florida (1), Missouri (1). Listings appear in 5 states in total (as of October 7, 2026).
How much lease term is left on Applebee's listings?
The median remaining primary lease term is 7.9 years; 2 listings have 10 or more years remaining (as of October 7, 2026).
Live Applebee's listings
- Applebee's — Jamestown, ND · Asking $1.96M · 7.50% cap rate
- Applebee's — Montclair, CA · Asking $4.63M · 5.75% cap rate
- Applebee's — Kansas City, MO · Asking $3.10M · 6.50% cap rate
- Applebee's — Ozark, unknown · Asking $2.14M · 7.00% cap rate
- Applebee's · Asking $3.00M · 6.80% cap rate
- Applebee's — Richardson, TX · Asking $4.28M · 7.50% cap rate
- Applebee's — Jacksonville, FL · Asking $3.53M · 6.85% cap rate