Restaurant
IHOP – 10 YR ABSOLUTE NNN – Healthy Sales - Near Whole Foods
1700 E Higgins Rd, Schaumburg, IL 60173
Listing Price: $2,745,600
Investment Overview
IHOP® competes in the Family Dining segment of the restaurant industry, and all IHOP restaurants are owned by independent franchise operators. Headquartered in Phoenix, Arizona, Romulus Restaurant Group operates IHOP restaurants in Arizona, Idaho, Oklahoma, Kansas, Texas, New Mexico, Indiana, Illinois, Tennessee, and Ohio.
Schaumburg is a village in northeastern Illinois, located mostly within Cook County and partly within DuPage County. Home to over 78,700 residents, Schaumburg is part of a region known as the Golden Corridor.
IHOP – 10 YR ABSOLUTE NNN – Healthy Sales - Near Whole Foods
Investment Highlights
- 10 Years Remaining on an Absolute Triple-Net (NNN) Lease with a Top IHOP Franchisee - 120+ Location Operator/Guarantor
- 10 Percent Increase in Two Years – 10 Percent Rent Increases Every Five Years Thereafter
- Established Location - Store Sales are in Excess of IHOP's Average Unit Level Performance
- Densely Populated Trade Area in the Chicago MSA - 261,989 Residents within Five Miles
- Affluent Trade Area - Average Household Income Exceeds $166,000 in the Immediate Area
Restaurant
IHOP – 10 YR ABSOLUTE NNN – Healthy Sales - Near Whole Foods
Listing Price: $2,745,600
Investment Highlights
- 10 Years Remaining on an Absolute Triple-Net (NNN) Lease with a Top IHOP Franchisee - 120+ Location Operator/Guarantor
- 10 Percent Increase in Two Years – 10 Percent Rent Increases Every Five Years Thereafter
- Established Location - Store Sales are in Excess of IHOP's Average Unit Level Performance
- Densely Populated Trade Area in the Chicago MSA - 261,989 Residents within Five Miles
- Affluent Trade Area - Average Household Income Exceeds $166,000 in the Immediate Area
Investment Overview
IHOP® competes in the Family Dining segment of the restaurant industry, and all IHOP restaurants are owned by independent franchise operators. Headquartered in Phoenix, Arizona, Romulus Restaurant Group operates IHOP restaurants in Arizona, Idaho, Oklahoma, Kansas, Texas, New Mexico, Indiana, Illinois, Tennessee, and Ohio. Schaumburg is a village in northeastern Illinois, located mostly within Cook County and partly within DuPage County. Home to over 78,700 residents, Schaumburg is part of a region known as the Golden Corridor.
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