IHOP | $2,100,000 | 6.00% CAP
» 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.