IHOP Real Estate For Sale

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NNN IHOP Properties

Once known as the International House of Pancakes, IHOP is a long-standing chain serving an assortment of pancakes & other American dishes. IHOP offers pancakes, crepes, waffles, eggs and a wide variety of breakfast and brunch dishes.

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Pros

  • Larger size lots from 4/5 to 1 1/2 acres
  • Leasing rent increases are common, but not always standard
  • Reinvigoration of conceptual models, leading to upgrades

Cons

  • Volatile restaurant industry may see fluctuations in sales
  • Majority are franchisee, variable risk with operators

Tenant Description

The International House of Pancakes, LLC started in Glendale, CA, and is still operates as a franchise. Although the parent company is known as DineEquity, Inc., nearly every ‘IHOP’ is run independently by franchisees.

In 2008, IHOP changed its name to DineEquity after the acquisition of Applebee’s restaurant chain, and expanding its conglomerate into a new phase of market growth. With over fifteen hundred properties throughout the United States, Washington D.C., as well as internationally, IHOP continues their sole focus on serving truly delicious breakfast and brunch selections. Everything from pancakes and specialty omelettes, to French toast and brunch selections can be found on their menus.

Storefront Example

NNN IHOP

Victoria, TX

$3,500,000

Recently Extended 5 Years | Corporate Guaranteed Lease […]

Available

5.00%

0

N/a

Storefront Example

NNN IHOP

Fredericksburg, VA

$3,350,000

Dine Brands Global, Inc. Corporate Guarantee | Brand […]

Available

4.50%

15.4

N/a

Storefront Example

NNN IHOP

Cleburne, TX

$2,575,000

Attractive 6% increases every 5 Years providing hedge […]

Available

5.75%

7.8

N/a

Storefront Example

NNN IHOP

Kenosha, WI

$3,871,500

Passive Investment. Corporate Guaranteed Lease (NYSE: DIN). Strong […]

Available

6.00%

4.9

N/a

Storefront Example

NNN IHOP

Spring Lake, NC

$3,966,722

Prime Location Along Commercial Corridor. Pylon Signage on […]

Available

5.50%

12.7

N/a

Storefront Example

NNN IHOP

Wilkes-Barre, PA

$2,800,000

​10% rent increases every five years. ​Franchisee is […]

Available

5.13%

16.5

N/a

Storefront Example

NNN IHOP

Stillwater, OK

$4,075,000

​Corporate Location – Guaranty from IHOP CORP. ​Walking […]

Available

4.83%

4.6

N/a

Storefront Example

NNN IHOP

Gainesville, GA

$2,798,000

Strategically Positioned IHOP Located Within One-Mile of Northeast […]

Available

6.50%

2.4

N/a

Storefront Example

NNN IHOP

Homestead, FL

$3,647,060

Brand New 15-Year Build-to-Suit. ​Miami-Dade County Location. ​Best-In-Class […]

Available

4.25%

15

N/a

Storefront Example

NNN IHOP

Lansing, IL

$3,078,000

​10% Rental Increases Every 5 Years. ​237,264 Residents […]

Available

5.85%

16

N/a

Storefront Example

NNN IHOP

Madison, AL

$3,500,000

Located right on Highway 72, is an out-parcel […]

Available

4.50%

20.1

N/a

Storefront Example

NNN IHOP

Oklahoma City, OK

$4,053,000

Lease to Iconic Corporate Tenant. ​10% Rental Increases […]

Available

5.75%

15

N/a

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