2285 S Archibald Ave - Restaurant FOR SALE
Ontario, CA 91761 |
$3,573,380 USD
332-345-4222
2285 S Archibald Ave
Ontario, CA 91761
HIGHLIGHTS
- High-Traffic Visibility | Positioned on S Archibald Avenue, this property enjoys excellent visibility, with traffic counts of up to 231,731 vehicles p
- Triple Net Lease (NNN) The property operates under a NNN lease structure
- Secured by a Leading National Brand Backed by IHOP, a trusted and established national restaurant chain with proven operational success
- Dense and Growing Population | Surrounded by a 5-mile population of 277,937 and projected growth to 285,426 by 2029
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 47-year Triple Net (NNN) lease, which commenced 10/6/1989. The current annual rent is $178,669 and has scheduled increases of Variable.
FOR SALE DETAILS
PRICE
$3,573,380 USD
PRICE/SF
$794 USD /SF
CAP RATE
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
14
LAND DETAILS
LAND ACRES
0.17 AC
LAND SF
7,405 SF
ZONING
SP
APN/PARCEL ID
1083-071-13
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332-345-4222
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332-345-4222
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