NNN Restaurant with Corporate
608 S Air Depot Blvd Midwest City, OK 73110
608 S Air Depot Blvd, Midwest City, OK, 73110
$1,815,000
For Sale
$1,815,000
Restaurant investment backed by a Dine Brands Global corporate guarantee with scheduled rent escalations.
Days on Market49
Property Features for 608 S Air Depot Blvd
General Information
- Standard status
- Active
- Property subtype
- Retail
Building Details
- Year Built
- 1999
Properties For Sale
at 608 S Air Depot Blvd Contact us
Listing Agency
(714) 878-6004
Listed by
Jan Niklas Cartus
(714) 878-6004
Source
Srsre
Added: Jun 1 Checked: Jul 19 at 3:42 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Jan Niklas Cartus
Investment Insights
Based on property information with market context.
This NNN restaurant investment is supported by a corporate lease guarantee from Dine Brands Global, Inc. (NYSE: DIN), the publicly traded parent of Applebee’s and IHOP. The structure includes scheduled rental increases of 10% every five years throughout the base term and option periods, designed to provide steady NOI growth and serve as an inflation hedge. The site is covered by an executed new lease by a Dine Brands affiliate in 2025.
The property is located at 608 S Air Depot Blvd in Midwest City, Oklahoma. The 2025 lease execution reflects a long-term commitment to the location, with approximately nine years remaining plus four (4) additional five-year renewal options.
For investors and buyers seeking a stabilized, single-tenant-style restaurant asset, the combination of a publicly traded guarantor and contractual rent escalations is a straightforward foundation for long-term income. The extended renewal horizon further supports durable occupancy planning, making it an attractive fit for those focused on predictable performance and downside protection through corporate backing.
The property is located at 608 S Air Depot Blvd in Midwest City, Oklahoma. The 2025 lease execution reflects a long-term commitment to the location, with approximately nine years remaining plus four (4) additional five-year renewal options.
For investors and buyers seeking a stabilized, single-tenant-style restaurant asset, the combination of a publicly traded guarantor and contractual rent escalations is a straightforward foundation for long-term income. The extended renewal horizon further supports durable occupancy planning, making it an attractive fit for those focused on predictable performance and downside protection through corporate backing.
Key Highlights
- Lease is corporately guaranteed by Dine Brands Global, Inc. (NYSE: DIN), the parent of Applebee’s and IHOP
- New lease executed in 2025 with approximately 9 years remaining plus four (4) 5‑year renewal options
- Scheduled 10% rental increases every five years throughout the base term and option periods
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Conventional restaurants
Similar For Sale Nearby
Similar Off Market Nearby
- Feast — 5807 SE 15th St, Midwest City, OK 73110
FAQs
What type of property is this?
Conventional restaurant - Restaurant investment backed by a Dine Brands Global corporate guarantee with scheduled rent escalations.
Where is this conventional restaurant located?
The property is located at 608 S Air Depot Blvd Midwest City, OK.
What is the asking price?
The asking price for this property is $1,815,000.
What are key features of this property?
This property features: Lease is corporately guaranteed by Dine Brands Global, Inc. (NYSE: DIN), the parent of Applebee’s and IHOP; New lease executed in 2025 with approximately 9 years remaining plus four (4) 5‑year renewal options; Scheduled 10% rental increases every five years throughout the base term and option periods
