IHOP Absolute NNN

2190 Walker Lake Rd, Ontario, OH 44903

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For Sale For Investment

Contacts

Austin Loconti

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Property Highlights

  • 20 Year Absolute Triple Net (NNN) Built-to-Suit
  • 15.5 Years Remaining on Initial Term
  • 15.5% Rental Increase After Initial 10 Years, 10% Bump Every 5 Years Thereafter
  • 5.16% Cap Rate
  • NOI= $165,348
  • Population of 44,818 within a 5-Mile Radius
  • Located on Walker Lake Rd with a traffic count of 10,100 Vehicles per day
  • Average Household Income within the area exceeds $60,000
  • 0.5 miles away from highway OH SR-30

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