For Sale
IHOP
Wilkes-Barre, PA, United States
  • $2,789,823

Overview

  • Fast Food
  • Property Type
  • 5.65%
  • Cap Rate
  • IHOP
  • Tenant Name
  • 13.4 Years
  • Remaining Term

Description

Investment opportunities like this are rare in Wilkes-Barre, PA, boasting a cap rate of 5.75%. With an asking price of $2750000.00 and a price per square foot of N/A, this opportunity is not to be missed. The surrounding area in the 18702 region is known for its Wilkes-Barre-specific attractions, thriving businesses, and community growth. Tenant profile: Founded in 1958 in Los Angeles, California, IHOP is a beloved American restaurant chain specializing in breakfast items like pancakes, omelets, and waffles. With over 1,600 locations worldwide, IHOP has become a favorite for all-day breakfast and comfort food, offering a family-friendly dining experience. The company continues to grow through franchise expansion and menu innovation, attracting loyal customers across generations.. Its spacious 3985.0 square feet make it adaptable for a range of uses, whether for retail, office, or customized operations.

Details

Updated on January 30, 2025 at 12:16 am
  • Price: $2,789,823
  • Property Size: 3985 Sq Ft
  • Property Type: Fast Food
  • Property Status: For Sale
  • NOI: $157,625
  • Tenant Name: IHOP
  • Address Contact us for full address
  • City Wilkes-Barre
  • State/county PA
  • Country United States

Contact Information

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