Restaurant
IHOP - 16 YR Absolute NNN
3495 E Baseline Rd, Gilbert, AZ 85234
Listing Price: $2,700,000
Investment Overview
IHOP® competes in the Family Dining segment of the restaurant industry, and all IHOP restaurants are
owned by independent franchise operators. For 65 years, the IHOP family restaurant chain has served its
world famous pancakes and a wide variety of breakfast, lunch and dinner items that are loved by people of
all ages.
As part of the Phoenix MSA, Gilbert, Arizona has evolved into one of the fastest growing communities and the largest town in the United States. Encompassing 72.6 square miles, just southeast of Phoenix, Gilbert has transformed from an agricultural community to a thriving and economically-diverse suburban
community.
IHOP - 16 YR Absolute NNN
Investment Highlights
- New 16-Year Absolute Triple-Net (NNN) Lease with a Top IHOP Franchisee - 100 Plus Location Operator/Guarantor
- 7.5 Percent Rental Increases Every Five Years with Multiple Renewal Options
- Located off the Intersection of E Baseline Road and S Val Vista Drive with Over 74,350 Cars per Day Passing Through
- Easily Accessible Location with Close Proximity to HWY 60 (207,938 Cars per Day)
Listing Price: $2,700,000
Investment Highlights
- New 16-Year Absolute Triple-Net (NNN) Lease with a Top IHOP Franchisee - 100 Plus Location Operator/Guarantor
- 7.5 Percent Rental Increases Every Five Years with Multiple Renewal Options
- Located off the Intersection of E Baseline Road and S Val Vista Drive with Over 74,350 Cars per Day Passing Through
- Easily Accessible Location with Close Proximity to HWY 60 (207,938 Cars per Day)
Investment Overview
IHOP® competes in the Family Dining segment of the restaurant industry, and all IHOP restaurants are owned by independent franchise operators. For 65 years, the IHOP family restaurant chain has served its world famous pancakes and a wide variety of breakfast, lunch and dinner items that are loved by people of all ages. As part of the Phoenix MSA, Gilbert, Arizona has evolved into one of the fastest growing communities and the largest town in the United States. Encompassing 72.6 square miles, just southeast of Phoenix, Gilbert has transformed from an agricultural community to a thriving and economically-diverse suburban community.
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