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IHOP Restaurant

Summary
  • Listing Price: $2,533,000
  • CAP Rate Current: 6.00%
  • Lot Size: 1.01 Acres
  • Approx Year Built: 2014
  • Price Per Sq Ft: $393.25
Investment Highlights
  • Sale/Leaseback Absolute Triple Net Lease With 15 Year base Term
  • Attractive 10% Increases Every 5 Years
  • Zero Landlord Responsibilities
  • Approximately 1.4 Miles from Interstate 55 (I-55)
  • Outparcel to K-Mart Anchored Shopping Center
  • Surrounding Retailers Include K-Mart, Schucks, Wendy’s, Buffalo Wild Wings, Walmart Neighborhood Center, Amongst Others
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