Restaurant
Dark IHOP (5.2 Years Remaining)
12750 N Fwy, Fort Worth, TX 76177
Listing Price: $3,139,000
Investment Overview
Marcus & Millichap is pleased to present the opportunity to acquire an absolute net lease (Dark) IHOP in Fort Worth, TX. The property consists of a 4,935-square-foot, freestanding building that sits on approximately 1.57 acres of land. There are approximately 5.2 years remaining on the current lease term.
Dark IHOP (5.2 Years Remaining)
Investment Highlights
- IHOP is Responsible for Approximately $1,367,000 in Future Rent Obligations
- Absolute Net Lease with 5.2 Years Remaining and Annual Rental Escalations
- Highway 170 West Extension - When Completed, a Four-Lane Thoroughfare will Run from past the Subject Property to Farm to Market 156.
- 700% Population Growth Since 2000 and 18% Projected Growth in the Next Five Years (Five-Mile Radius)
- Excellent Visibility at the Intersection of Interstate 35 West and State Highway 170 (105,742 VPD)
- Greater Alliance Corridor - 8 Miles from Texas Motor Speedway, Presidio Towne Crossing and Alliance Town Center
- 159,597 Residents and an Average Household Income of $133,651 (Five-Mile Radius)
- 3.5 Miles from Perot Field Fort Worth Alliance Airport
Exclusively Listed By
Financing By
Listing Price: $3,139,000
Investment Highlights
- IHOP is Responsible for Approximately $1,367,000 in Future Rent Obligations
- Absolute Net Lease with 5.2 Years Remaining and Annual Rental Escalations
- Highway 170 West Extension - When Completed, a Four-Lane Thoroughfare will Run from past the Subject Property to Farm to Market 156.
- 700% Population Growth Since 2000 and 18% Projected Growth in the Next Five Years (Five-Mile Radius)
- Excellent Visibility at the Intersection of Interstate 35 West and State Highway 170 (105,742 VPD)
- Greater Alliance Corridor - 8 Miles from Texas Motor Speedway, Presidio Towne Crossing and Alliance Town Center
- 159,597 Residents and an Average Household Income of $133,651 (Five-Mile Radius)
- 3.5 Miles from Perot Field Fort Worth Alliance Airport
Investment Overview
Marcus & Millichap is pleased to present the opportunity to acquire an absolute net lease (Dark) IHOP in Fort Worth, TX. The property consists of a 4,935-square-foot, freestanding building that sits on approximately 1.57 acres of land. There are approximately 5.2 years remaining on the current lease term.
Exclusively Listed By
Financing By
