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Restaurant

IHOP

1735 N Bishop Ave, Rolla, MO 65401

Listing Price: $2,400,000

Cap Rate
5.50%
Tenant Name
IHOP
Years Remaining On Lease
11.5
Gross SF
4,646
Guarantor
Franchisee Guarantee
Rentable SF
4,646
Price/Gross SF
$516.57
Lease Type
Absolute Net
Rent Per Square Feet
$28.41

Investment Overview

Marcus & Millichap is pleased to present the IHOP property located at 1735 N Bishop Ave in Rolla, MO featuring a 4,646 square foot Building situated on 1.3 acres of land with a High Rise Pole Sign visible from Interstate 44.

The area surrounding the property features national chains such as Starbucks, Panera, Buffalo Wild Wings, Taco Bell, Hardee’s, Dairy Queen.

Interstate 44 & North Bishop Road (Old Route 66) is the gateway to Rolla, MO, county seat of Phelps county and home to Missouri S&T, consistently rated as one of the top engineering and technology universities in the United States and Phelps Health Hospital a 240 bed regional hospital servicing 6 adjacent counties with over 1900 employees. Due to its location between St Louis and Springfield, the area continues to grow and see new development of new national chains showing interest in the area, Healthcare and the University based economy.

Rolla's top features include its strong connection to Route 66, the presence of Missouri University of Science and Technology (Missouri S&T) (with its Stonehenge replica), rich Ozark outdoor recreation (Meramec Spring Park, Mark Twain National Forest access), family fun at Fugitive Beach, local flavors from wineries and breweries, and a blend of small-town charm with cultural spots like the Ozark Actors Theatre and Phelps County Courthouse.

Investment Highlights

  • High Traffic IHOP Located off Interstate 44 on Bishop Rd (Old Route 66) with over 20,000 Vehicles Per Day
  • 12 Year Absolute NNN Lease | Zero Landlord Responsibilities
  • Close to Missouri Science & Technology, one of the Top Engineering and Tech Universities in the US
  • Surrounded by National chains such as Starbucks, Panera, Buffalo Wild Wings, Taco Bell, Hardee's and DQ.
  • Close to Phelps Health Hospital a 240 bed regional hospital servicing 6 adjacent counties with over 1900 employees.

Exclusively Listed By

  • Dave Saverin

    Senior Director Investments

    (314) 889-2555

    Email Dave

    License(s): MO: 2008013520, IL: 475185449, KS: 00249685

    St. Louis

  • Jake Nowak

    Associate Investments

    (314) 889-2565

    Email Jake

    License(s): MO: 2025007018, IL: 475.216742

    St. Louis

Listing Price: $2,400,000

Cap Rate
5.50%
Tenant Name
IHOP
Years Remaining On Lease
11.5
Gross SF
4,646
Guarantor
Franchisee Guarantee
Rentable SF
4,646
Price/Gross SF
$516.57
Lease Type
Absolute Net
Rent Per Square Feet
$28.41

Investment Highlights

  • High Traffic IHOP Located off Interstate 44 on Bishop Rd (Old Route 66) with over 20,000 Vehicles Per Day
  • 12 Year Absolute NNN Lease | Zero Landlord Responsibilities
  • Close to Missouri Science & Technology, one of the Top Engineering and Tech Universities in the US
  • Surrounded by National chains such as Starbucks, Panera, Buffalo Wild Wings, Taco Bell, Hardee's and DQ.
  • Close to Phelps Health Hospital a 240 bed regional hospital servicing 6 adjacent counties with over 1900 employees.

Investment Overview

Marcus & Millichap is pleased to present the IHOP property located at 1735 N Bishop Ave in Rolla, MO featuring a 4,646 square foot Building situated on 1.3 acres of land with a High Rise Pole Sign visible from Interstate 44. The area surrounding the property features national chains such as Starbucks, Panera, Buffalo Wild Wings, Taco Bell, Hardee’s, Dairy Queen. Interstate 44 & North Bishop Road (Old Route 66) is the gateway to Rolla, MO, county seat of Phelps county and home to Missouri S&T, consistently rated as one of the top engineering and technology universities in the United States and Phelps Health Hospital a 240 bed regional hospital servicing 6 adjacent counties with over 1900 employees. Due to its location between St Louis and Springfield, the area continues to grow and see new development of new national chains showing interest in the area, Healthcare and the University based economy. Rolla's top features include its strong connection to Route 66, the presence of Missouri University of Science and Technology (Missouri S&T) (with its Stonehenge replica), rich Ozark outdoor recreation (Meramec Spring Park, Mark Twain National Forest access), family fun at Fugitive Beach, local flavors from wineries and breweries, and a blend of small-town charm with cultural spots like the Ozark Actors Theatre and Phelps County Courthouse.

Exclusively Listed By

  • Dave Saverin

    Senior Director Investments

    (314) 889-2555

    Email Dave

    License(s): MO: 2008013520, IL: 475185449, KS: 00249685

    St. Louis

  • Jake Nowak

    Associate Investments

    (314) 889-2565

    Email Jake

    License(s): MO: 2025007018, IL: 475.216742

    St. Louis

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