Retail    

IHOP

 Bismarck, ND

Asking Price

$3,142,850

Cap Rate

5.25%

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Lease Term

New 15-Year Lease

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Lease Type

Abs. NNN

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Building Size (SF)

3,750

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Year Built

2024

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1st IHOP Location

in Bismarck, ND

For more details on this exclusive listing

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INVESTMENT HIGHLIGHTS

  • New 15-Year Absolute NNN Lease w/ Annual Rent Escalations
  • Nation's Largest Family Dining Concept
  • Top Tier IHOP Franchisee
  • Brand New Construction & New Market Opportunity
  • Located in Path of Growth for Rapidly Expanding Market
  • Primary Retail & Entertainment Corridor w/ 39K+ Direct VPD Visibility
  • Proximity to Major North Bismark Expansion
  • Dense Residential & Education Community

Exclusively Listed By

Mike Sladich

Regional Managing Director
  msladich@northmarq.com      208.866.9208

Maggie Holmes

Senior Vice President
  mholmes@northmarq.com   

Robert Poirier

Associate Vice President
  rpoirier@northmarq.com   

Sam Wilson

Associate Vice President
  swilson@northmarq.com   

Michael Watson

Senior Associate
  mwatson@northmarq.com   

Joshua Greene

Investment Analyst
  jgreene@northmarq.com   

Chanel Tobias

Investment Analyst
  ctobias@northmarq.com   

In Association With
Andrew W. Kocemba

ND License #8528
Calhoun Companies
4550 W 77th St. Suite 180
Minneapolis, MN 55435


Northmarq

3414 Peachtree Rd NE | Suite 900
Atlanta, GA 30326
404.823.6360


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