IHOP NNN Property For Sale — Tallahassee, FL
Tallahassee, FL
An exceptional opportunity to acquire a robust net-leased asset, featuring a well-established IHOP restaurant. The property benefits from an absolute NNN lease, providing passive income with minimal landlord responsibilities. The tenant is part of a large, experienced franchise operator with over 150 units, ensuring strong operational backing and lease integrity.
- Address: Tallahassee, FL
- Asking price $2.52M
- 6.91% cap rate
- NOI $174,478
- 3.7 years remaining
- NNN lease
- Guarantor: Corporate
Location
This IHOP property is in Tallahassee, Florida.
Asset type: Net Lease