Fort Worth, TX

IHOP (Dark)

Offered for sale is the opportunity to acquire an absolute net lease dark IHOP in Fort Worth, TX. The property consists of a 4,935-square-foot, freestanding building that sits on approximately 1.57 acres of land. There are approximately 5.2 years remaining on the current lease term.

Building Size	4,935 sqft
Lot Size	1.57 acres
Year Built	2005

Offering Memorandum

Ryan Wolf

Managing Director

(972) 755-5207

RWolf@marcusmillichap.com

License: TX 622900

Vincent Knipp

Senior Managing Director Investments

(972) 755-5205

vincent.knipp@marcusmillichap.com

License: TX 0579633

FINANCING TEAM

Duke Dennis

Director

(817) 932-6172

Duke.Dennis@marcusmillichap.com

IHOP is Responsible for Approximately $1,367,000 in Future Rent Obligations
Absolute Net Lease with 5.2 Years Remaining and Annual Rental Escalations
Highway 170 West Extension - When Completed, a Four-Lane Thoroughfare will Run from past the Subject Property to Farm to Market 156.
700% Population Growth Since 2000 and 18% Projected Growth in the Next Five Years (Five-Mile Radius)
Excellent Visibility at the Intersection of Interstate 35 West and State Highway 170 (105,742 VPD)
Greater Alliance Corridor - 8 Miles from Texas Motor Speedway, Presidio Towne Crossing and Alliance Town Center
159,597 Residents and an Average Household Income of $133,651 (Five-Mile Radius)
3.5 Miles from Perot Field Fort Worth Alliance Airport