2285 S Archibald Ave - Restaurant FOR SALE


Ontario, CA 91761
$2,977,817 USD
818-632-9542
2285 S Archibald Ave, Ontario, CA for Sale
$2,977,817 USD
Restaurant - FOR SALE
1/2
null | 6% Cap Rate

2285 S Archibald Ave
Ontario, CA 91761


HIGHLIGHTS

  • Triple Net Lease (NNN)
  • Secured by a Leading National Brand
  • Growing Market Demand
  • Proximity to Major Retail and Residential Developments

OVERVIEW

NNN Pro is pleased to present the exclusive listing for a IHOP located at 2285 South Archibald Avenue, Ontario, California 91761. The site consists of roughly 4501 rentable square feet of building space on an estimated 0.17-acre parcel of land. This IHOP is subject to a 37-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

$2,977,817 USD

PRICE/SF

$662 USD /SF

CAP RATE

6%

% 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

ASK ABOUT THIS PROPERTY

Armond AivazyanSurmountMore Info
818-632-9542

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Armond AivazyanSurmountMore Info
818-632-9542

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.