Net Lease IHOP Property Profile and Cap Rates Date April 8, 2020
Net Lease IHOP – Typical Property and Lease Terms
Price Range: | $1mm - $4 mm |
Cap Rate: | 6.00% |
Net Income: | $160,000 |
Price Per foot: | $700 PSF |
Building Size: | 4,500 SF |
Lot Size: | 1 Acre |
Escalations: | 10% every 5 years |
Lease Term: | 20 Years |
Lease Type: | NNN |
Credit Rating: | Franchisee |
Tenant Company Information:
IHOP is an American multinational pancake house restaurant chain that specializes in breakfast foods. It is owned by Dine Brands Global—a company formed after IHOP’s purchase of Applebee’s, with 99% of the restaurants run by independent franchisees.
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