Restaurant For Sale • 2,097 SF
Triple net (NNN) lease with 3 years of initial term remaining, providing an investor with flexibility to reposition the property or add-value by ne |
IHOP has been operating at this location since 1994, and has exercised five option periods so far, showing a strong commitment to the site |
Largest IHOP franchisee with over 150 restaurants throughout Florida and Southern Georgia |
This location benefits from Annual Rent based on five percent of the Gross Annual Sales |
Positioned directly across the street and shares a traffic light with the 400,000 square-foot Lakeshore Mall on 73-acres |
The property benefits from 115+ feet of frontage on US-27 (39,000+ VPD) |
Tenant | SF Occupied | Lease End Date |
---|---|---|
IHOP Restaurant | 2,097 SF |
Commuter Rail | Drive | Walk | Distance |
---|---|---|---|
Sebring Amtrak Station (Silver Meteor - Amtrak, Silver Star - Amtrak) | 10 min | - | 5.2 mi |
Parking Available: | Yes |
Reserved: | No |
Spaces Provided: | 30 |
Type: | Surface |
Included in Rent: | Yes |