Absolute NNN Lease - This property has an absolute NNN lease with zero LL responsibilities. Investors will appreciate the annual rent bumps and 15 years of term remaining. High Visibility - Located along a key thoroughfare, with over 20,000 VPD, this IHOP is located in a retail-dense area with close proximity to major highways ensuring easy accessibility for the surrounding community and nearby Woodbury. High-Demand Market - The Woodbury submarket, known for its strong retail demand, boasts a low vacancy rate of just 1.4%, with general retail vacancies at only 1%. Solid Demographics - Oakdale benefits from steady population growth and favorable demographics, contributing to consistent demand in the area. The population within a 10-mile radius of the property is over 630,000 with an average household income of over $110,000. Proximity to the Twin Cities - It is conveniently located about 10 miles east of St. Paul and 20 east of Minneapolis. Oakdale is consistently recognized nationally as a great place to live & work. The community has great schools and is close to major employment centers.