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IHOP Restaurant

Summary
  • Listing Price: $2,533,333
  • CAP Rate Current: 6.00%
  • Lot Size: 1.20 Acres
  • Approx Year Built: 2016
  • Price Per Sq Ft: $506.67
Investment Highlights
  • Sale/Leaseback Absolute Triple Net Lease With 15 Year Base Term
  • Attractive 10% Increases Every 5 Years
  • Zero Landlord Responsibilities
  • Approximately .4 Miles from Interstate 57 (I-57)
  • Brand New Construction
  • Surrounding Retailers Include Menards, Krispy Kreme Doughnuts, Logan’s Roadhouse, Walmart Supermarket, Applebee’s, Panera Bread, Amongst Others
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