- Long-Term Tenancy: 20+ years of uninterrupted operation
- Corporate Guarantee: Dine Brands (NYSE: DIN) backs the lease
- Absolute NNN Lease: No landlord responsibilities
- Lithia Springs, GA (Atlanta MSA) locationalong high-traffic 46,500 VPD Thornton Road, 160’ of road frontage, and direct access to I-20.
- Leased to Applebee’s International, Inc.(Dine Brands), one of the largest casual dining brands in the U.S., with over 1,500 locations.
- Lease runs through December 2030:Tenant has exercised its first 5-year renewal option, demonstrating strong commitment to the site.
- Rent increases in 2029, 2031, 2034, and 2039 with three additional 5-year renewal options through 2043.
- Surrounded by major national retail and employment anchors including Amazon Fulfillment Center, Home Depot RDC, Walmart, and Wellstar Health System, generating significant daytime population and traffic.
- Positioned in a major last-mile distribution and logistics hub supporting sustained retail demand from both residential and employment growth.