Retail    

IHOP

 Denton, TX

Asking Price

$3,700,000

Cap Rate

5.00%

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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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Outparcel To

Top 1% Most Visited C-Store in the U.S.

For more details on this exclusive listing

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INVESTMENT HIGHLIGHTS

  • New 15-Year Absolute NNN Lease w/ Annual Rent Increases 
  • Nation's Largest Family Dining Concept
  • Top Tier IHOP Franchisee
  • Brand New Construction Along Highly Trafficked Interstate 35 - 101K+ Direct VPD Visibility
  • Outparcel to the 20th Most Visited C-Store in the U.S.
  • Rapidly Growing North Texas Market
  • Proximity to Major Healthcare & Industrial Corridors
  • Trophy Asset in Premier Shopping & Entertainment District - 16.5M+ Visits Over the Past 12 Months
  • University Town & Dense Residential 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
Brett Daniel Butler

TX License #558227


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