IHOP | $3,200,000 | 5.47% CAP
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Part of Zona Rosa Lifestyle Center - a 1,000,000 SF Anchored by Dillard’s, Dick’s Sporting Good, and Michaels as well as a multitude of Luxury Apartments.
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IHOP will Initiate a New 20-year Absolute-Net Lease which will Commence Upon the Close of Escrow, Featuring 10% Rent Increases Every Five Years.
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Exceptional visibility and convenient access from Interstate 29, a route frequented by more than 84,300+ vehicles daily.
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Just a Mile Away from St. Luke’s North Hospital - Barry Road, a Facility with 160 Beds and an Employee Count of Nearly 5,000.
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IHOP is Situated within a Mile of the Area’s Three Major Schools, Collectively Serving Over 3,300 Students.
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The Area Boasts Robust Demographics, Characterized by Multiple Multifamily Apartment Buildings with an Average of 300+ Apartment Units Each, Underscoring the Strength and Desirability of this Location.
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Surrounded by National Retailers: Dicks Sporting Goods, Main Event, Home Depot, Walmart, Barnes & Noble, Dillard’s, Target, Best Buy, AMC Theatres, HyVee, Whataburger, Raising Canes, Texas Roadhouse, On the Border, Hooters, Chili’s, Chick-fil-A, Buffalo Wild Wings, Rod Robin, and Hobby Lobby to Name A Few.