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770 Kidder St
Wilkes Barre, PA 18702

$2,750,000 USD

Restaurant For Sale  •  3,985 SF

Property Details

  • Property Type Restaurant
  • Total Building Size 3,985 SF
  • Lot Size 0.67 AC
  • Building Class C
  • Year Built 2018
  • Tenancy Single
0 Transit Score
46 Walk Score

Highlights

Corporate lease with IHOP and guarantee from Dine Brands Global, Inc.
Absolute net expense structure; no landlord responsibilities
13+ years remaining on the lease term
10% rent increases every five years, including the option periods
IHOP is located across from the Wyoming Valley Mall, a +/-910,000 SF regional mall
Significant drawing power from the VA Medical Center, Mohegan Sun Arena, and Mohegan Sun Pocono Casino

Public Transportation

AirportDriveWalkDistance
Wilkes-Barre/Scranton International 17 min - 9.9 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 49
Type: Surface
Included in Rent: Yes
Joshua Johnson 650-208-5282 Marcus & Millichap
Joshua Johnson 650-208-5282 Marcus & Millichap