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Ihop

$3,429,100

758 North Earl Rudder Freeway, Wixon Valley, TX 77808

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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