IHOP

CONTACT US REGARDING THIS LISTING

Derek Delaura

Investment Advisor

Marvin DeLaura

Senior Director

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PROPERTY ADDRESS

5571 SUNSET BOULEVARD, LEXINGTON, SC 29072

PROPERTY INFORMATION

Price:
$3,650,000
Cap Rate:
7.05%
Term Remaining:
8+ years Years
Year Built:
2007
Status:
Available

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