IHOP
CONTACT US REGARDING THIS LISTING
PROPERTY ADDRESS
5571 SUNSET BOULEVARD, LEXINGTON, SC 29072
PROPERTY INFORMATION
Price:
$3,250,000
Cap Rate:
7.92%
Term Remaining:
8+ years Years
Year Built:
2007
INVESTMENT HIGHLIGHTS
- Absolute NNN Lease Requires Zero Landlord Responsibilities
- 8+ Years Remaining on Original 20 Year Lease
- 10% Increases Every 5 Years to Hedge Against Inflation,
- Three, 5 Year Options with 10% Increases
- Projected 7.30% Growth in Population From 2018-2023 in 3 Miles
- 5 Mile Population Exceeds 78,000
- Average Household Income within 1 Miles Exceeds $99,000
- This Location is Open 24 Hours
- Recently Re-imaged Showing Commitment to this Location