2285 S Archibald Ave - Restaurant FOR SALE
Ontario, CA 91761 |
$3,248,527 USD
818-632-9542
2285 S Archibald Ave
Ontario, CA 91761
HIGHLIGHTS
- Triple Net Lease (NNN) | The property operates under a NNN lease structure, requiring the tenant to cover maintenance, taxes, and insurance
- Secured by a Leading National Brand | Backed by IHOP, a trusted and established national restaurant chain with proven operational success
- Growing Market Demand | Situated in a region with rising consumer demand and increasing residential density
OVERVIEW
NNN Pro is pleased to present the exclusive listing for an IHOP located at 2285 S Archibald Avenue, Ontario, CA 91761. The site consists of roughly 4,501 rentable square feet of building space on an estimated 0.17-acre parcel of land. This IHOP is subject to a 25-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.
FOR SALE DETAILS
PRICE
$3,248,527 USD
PRICE/SF
$722 USD /SF
CAP RATE
5.5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
IHOP
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1992
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.17 AC
LAND SF
7,405 SF
ZONING
SP
APN/PARCEL ID
1083-071-13
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818-632-9542
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818-632-9542
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