IHOP Absolute NNN Ground Lease Restaurant New York

Sands Investment Group is Pleased to Present Exclusively For Sale the 4,022 SF IHOP Absolute NNN Ground Lease Property Located at 50 Thruway Plaza Drive in Cheektowaga (Buffalo), New York. This Opportunity Includes an Absolute Triple Net (NNN) Ground Lease With Zero Landlord Responsibilities, Providing For a Secure Investment.

• Absolute Triple Net (NNN) Ground Lease With No Landlord Responsibilities
• Lease Guaranteed By IHOP Corp., a Subsidiary of Dine Brands Global (NYSE: DIN), Which is a Publicly Traded Food and Beverage Company Founded in 1958 as IHOP
• Located at Entrance to Thruway Plaza, Which is a 402,000 SF Shopping Center Located at the Heart of the Largest Concentration of Retail in the Greater Buffalo Market
• Tenant Has Remained in the Same Location For 20 Years, Since 2001, Showing Commitment to the Site
• Less Than 5 Minutes Away From the Walden Galleria; Walden Galleria is the Areas Largest Destination For Shopping, Dining and Entertainment With 200 Retail Stores
• Densely Populated Market With Over 109,308 Residents Within a 3-Miles Radius
• Good Visibility on Walden Avenue Which Sees Over 34,749 Vehicles Per Day
• Located Less Than a Half a Mile (<5 Minutes) From Interstate 90 With Traffic Counts Exceeding 130,000 Vehicles Per Day
• Located 9-Miles From SUNY Buffalo State College With Over 8,300 Students
• Surrounding Tenants Include: Home Depot, Target, Chick-fil-A, Starbucks, Planet Fitness, ALDI, Burger King, Dollar Tree, TOPS Friendly Markets, Citi Trends, M&T Bank and More

In Cooperation With SIG RE Services NY LLC Lic. # 10991233211 BoR: Andrew Ackerman – Lic. # 10491210161

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