Applebee’s is an absolute-NNN leased single tenant restaurant asset located in the established, high growth Dallas/Fort Worth suburb of Cedar Hill, Texas. Shadow anchored by Walmart Supercenter, the Property is located approximately twenty minutes southwest of Downtown Dallas off the signalized intersection of west FM 1382 & Uptown Boulevard. Applebee’s is operated by Apple Texas Restaurants, Inc., which reportedly owns and operates 47 Applebee’s restaurants across Texas. The Property is leased through October 2033 on an absolute NNN basis with zero landlord responsibilities. The tenant experiences 8% rent escalations every five years including each of their four, five-year renewal options.