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IHOP 2285 S Archibald Ave 4,501 SF Retail Building Ontario, CA 91761 $4,124,009 CAD ($916.24 CAD/SF) 6% Cap Rate
INVESTMENT HIGHLIGHTS
- Triple Net Lease (NNN)
- Growing Market Demand
- Secured by a Leading National Brand
- Proximity to Major Retail and Residential Developments
EXECUTIVE SUMMARY
NNN Pro is pleased to present the exclusive listing for a IHOP located at 2285 South Archibald Avenue, Ontario, California 91761. The site consists of roughly 4501 rentable square feet of building space on an estimated 0.17-acre parcel of land. This IHOP is subject to a 37-year Triple Net (NNN) lease, which commenced 10/6/1989. The current annual rent is $178,669 and has scheduled increases of 7.00% Every 5 Years.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,501 SF
Building Class
B
Year Built
1992
Price
$4,124,009 CAD
Price Per SF
$916.24 CAD
Cap Rate
6%
NOI
$247,441 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.61
Lot Size
0.17 AC
Zoning
SP
Frontage
219’ on S Archibald Ave
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 1083-071-13 | Improvements Assessment | $3,881,735 CAD |
| Land Assessment | $575,072 CAD | Total Assessment | $4,456,807 CAD |
PROPERTY TAXES
Parcel Number
1083-071-13
Land Assessment
$575,072 CAD
Improvements Assessment
$3,881,735 CAD
Total Assessment
$4,456,807 CAD
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IHOP | 2285 S Archibald Ave
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