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108 Latigo Ln
Canon City, CO 81212
IHOP · Retail Property For Sale


Investment Highlights
- IHOP: one of the largest casual dining concepts with ±1,800 locations worldwide.
- Operated by one of the longest tenured IHOP franchisees in the country.
- 1.86-acre lot with additional land east of building for potential future development.
- 11-Year Absolute NNN Sale-Leaseback — zero landlord responsibilities, passive income.
- Priced below replacement cost — lower barrier to entry and reduced risk.
- Direct access to Hwy 50 with ±19,000 VPD and strong visibility.
Executive Summary
Brayden Conner
License # ER.100106933, EC.100099522 (CO)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203
(866) 889-0550
License # ER.100106933, EC.100099522 (CO)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,300 SF
Building Class
B
Year Built
2005
Price
$1,688,400 CAD
Price Per SF
$392.65 CAD
Cap Rate
6.67%
NOI
$112,560 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
1.85 AC
Opportunity Zone
Yes
Zoning
C
Frontage
51’ on Latigo Lane
Amenities
- Air Conditioning
1 of 4
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