Ihop
$3,429,100
758 North Earl Rudder Freeway, Wixon Valley, TX 77808
For Sale
Retail
Street Retail
Active
Last Updated: 04/03/2025
6.5
Cap Rate
222,893
NOI
Details:
Cap Rate: 6.5%
NOI: $222,893
Building Size: 4,595 sqft
Lot Area: 1.27 acres
Year Built: 2009
Highlights:
- Absolute NNN Lease with Zero Landlord Responsibilities
- Over 4 Years Remaining in the Term with Six (6), 5-Year Options Available
- Lease Supports 1.25% Annual Rental Escalations with the Next Adjustment Scheduled for February 2026
- Positioned Within a Busy Retail Corridor and Surrounded by National Retailers Including Kroger, Starbucks, Target, Taco Bell, Popeyes, and Wendy's
- Strategically Situated Directly off of N Earl Rudder Freeway Which has Daily Traffic Counts Exceeding 75,500 Vehicles
- Lease Guaranteed by ACG Texas, the Nation's Largest IHOP Franchisee with 85+ Restaurants in Texas
- IHOP Operates 1,840+ Locations in all 50 States, and is a Subsidiary of Dine Brands (NYSE: DIN)
- Strong 1, 3, and 5-Mile Demographics | Estimated Population Growth Exceeds 8.5% Within the Next 5 Years
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