Tenant: IHOP Premises: 4022 SF Renewal Options: 4 x 5
Lease Expiration: 09/30/2025 Lease Type: NNN Rental Increases: 10% Every 5 Years
Sands Investment Group offers an exceptional opportunity to purchase NNN ground lease of a freestanding IHOP restaurant located in Charleston, West Virginia.
Tenant Overview
For 54 years, the IHOP family restaurant chain has served our world famous pancakes and a wide variety of breakfast, lunch and dinner items that are loved by people of all ages, offering an affordable, everyday dining experience with warm and friendly service. As of September 30, 2012, there were 1,565 IHOPs in 50 states and the District of Columbia, as well as in Canada, Guatemala, Mexico, Puerto Rico and the U.S. Virgin Islands.