Property ID #: 17784
Tenant Name: IHOP
Street Address:
City: Orlando
State: FL
Zip: 32810

COMPANY DESCRIPTION

IHOP, formerly known as The International House of Pancakes, is a United States based restaurant chain that specializes in breakfast foods. The majority of IHOP restaurants are operated by franchisees requiring investors to look carefully at each locations sales and guarantors strength. There is great net lease appeal in the IHOP locations. The prototypical IHOP is a 4,500 square foot building on 1 acre of land. These locations can be easily converted into another casual dining location if IHOP were to vacate. IHOP is franchised and operated by Glendale, California based International House of Pancakes, LLC and its affiliates. International House of Pancakes, LLC is a wholly-owned subsidiary of DineEquity, Inc. Over 99% of IHOP restaurants are run by independent franchisees. As of December 31, 2016, the chain has 1,723 franchised and 10 company operated restaurants.

Website: www.ihop.com
Sector: Casual Dining

FINANCIAL PROFILE

Price: $1,750,000
NOI:
Cap Rate: 0.00
Price PSF: N/A
Rent PSF: N/A
Credit Rating (S&P): NR

LEASE ABSTRACT

Lease Type: NNN
Years Remaining: 1
Initial Term Increases:
Initial Term Lease Begin: 0000-00-00
Initial Term Lease Expiration: 0000-00-00
Renewal Options:
Option Increases:
Rent Holidays:

PROPERTY OVERVIEW

Type of Ownership:
Year Built: 0000
Year Remodeled :
Tenancy :
Gross Leasable Area (GLA): 4623
Building Size (SFT) : 4623
Lot AC :

DEMOGRAPHICS

Population
1-Mile:
3-Mile:
5-Mile:
Average Household Income
1-Mile: 0.00
3-Mile: 0.00
5-Mile: 0.00

INFORMATION REQUEST

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