This Retail Property is no longer advertised on LoopNet.com.

6406 Interstate 45
La Marque, TX 77568

IHOP · Retail Property For Sale

Investment Highlights

  • Absolute NNN Lease – The lease is triple net, with zero landlord responsibilities
  • Available Option Periods and Annual Rent Increases – The lease provides for 1.25% annual rent increases during the initial term and option periods
  • Excellent Retail Fundamentals – The subject is an outparcel to a Walmart Supercenter as well as a Sam’s Club
  • Significant Lack of Nearby Competition – Only IHOP within a 10-mile radius
  • Strategic Transit Location – The property is located within a major transit corridor directly off the Interstate 45 Highway
  • Guarantee from One of the Largest IHOP Operators

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
5,104 SF
Year Built
2004
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
1.04 AC
Zoning
F1
Parking
67 Spaces (13.13 Spaces per 1,000 SF Leased)

Amenities

  • Freeway Visibility
  • Restaurant
  • Signage

PROPERTY TAXES

  • Listing ID: 20093016

  • Date on Market: 6/29/2020

  • Last Updated:

  • Address: 6406 Interstate 45, La Marque, TX 77568