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IHOP |  $2,100,000 |  6.00% CAP

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» ABSOLUTE-NET LEASE
20 Year Lease with 7.5% Increases Every 5 Years; Including Each of the Four, 5 Year Options.


» EXCELLENT VISIBILITY & EASE OF ACCESS
The Property is Strategically Positioned Along a Major Retail Corridor, Offering Prominent Frontage and Direct Access to Highway 169 (35,000 Vehicles Per Day), with Convenient Exit Access to I-35 (49,300 VPD).


» LOCATED IN MAJOR RETAIL DEVELOPMENT
Situated in a Premier Retail Hub, the Property is Surrounded by Well-Known Retailers, Including Target, The Home Depot, ALDI, Maurices, Chipotle, Red Robin, Jiffy Lube, Discount Tire, Panera Bread, and many more.


» OLATHE, KS | KANSAS CITY MSA
A Major City in the Kansas City MSA (2.2 Million People), Olathe is a Major Distribution Hub for Prominent National Companies such as Tyson Foods, IKEA, FedEx, Dillards, Garmen, Chick-Fil-A, Frito Lay, and Bushnell. Olathe is also home to Olathe Health, which is Ranked in the Top 10 of Large Community Hospitals in the United States.


» 19-UNIT FRANCHISE BACKED GUARANTY
This Property Provides Stable, Long-Term Income, Backed by a Reputable Tenant with a Strong Track Record, Significantly Reducing Vacancy Risk and Ensuring Consistent Revenue for Years to Come.

PRESENTED BY:

PETER DELTONDO
Founder, Deltondo Advisory Group
(949) 698-2609
pdeltondo@marcusmillichap.com
Lic. CA 01797033

© 2025 Deltondo Advisory Group of Marcus & Millichap Newport Beach

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