| Corporate Lease – Lease is signed by IHOP Leasing, LLC, wholly owned subsidiary of Dine Brands Global, Inc., the largest casual dining chain operator |
| Absolute NNN Lease – This property offers an absolute NNN lease with zero Landlord responsibilities, ideal for passive investment. |
| Strategic Location – This property is strategically located among major retailers. It is out parceled to a Home Depot home improvement store. |
| Long Operating History – IHOP’s original lease commenced in December of 1998. |
| History of Lease Extension – IHOP extended their lease in 2018, exercising 2 options simultaneously and bringing the expiration date to December 18th, |
| Proximity to Foothills Mall – the subject property is located across US Hwy 321 from the highly trafficked Foothills Mall. Foothills Mall is a regiona |
Harrison Wachtler
Matthews Real Estate Investment Services
