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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

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
  • Listing ID: 41287310

  • Date on Market: 2026-07-14

  • Last Updated:

  • Address: 108 Latigo Ln, Canon City, CO 81212

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