IHOP NNN Property For Sale
This offering features a compelling net lease investment opportunity with IHOP, a beloved American multinational pancake house renowned for its breakfast fare. The property boasts a strong cap rate and stable net operating income, secured by a long-term NNN lease with escalations. IHOP, owned by Dine Brands Global, operates predominantly through independent franchisees, ensuring a dedicated operational model. This asset presents a stable income stream from a recognized brand in the casual dining sector.
- Asking price $2.50M
- 6.00% cap rate
- NOI $160,000
- 20 years remaining
- NNN lease
Asset type: QSR