IHOP

INVESTMENT HIGHLIGHTS

LOCATION HIGHLIGHTS

• HIGH TRAFFIC COUNTS: The site benefits from great visibility with ±29,000 vehicles passing the property per day.
• STRATEGIC LOCATION: Property is ideally positioned between DeLand Municipal Airport and downtown
  DeLand.
• NEARBY UNIVERSITY: The restaurant is located less than 2 miles from Stetson University, a private college
  with a student body of 3,670, significantly adding to the restaurant’s consumer base.
• PROXIMITY TO NATIONAL TENANTS: Retailers in the area include Aldi, Lowes, Publix, and Tractor Supply Co to name a few.

TENANT HIGHLIGHTS

• ABSOLUTE TRIPLE NET (NNN) LEASE: Tenant is responsible for paying all Taxes, Insurance, and Maintenance, providing an investor complete passive ownership.
• SIGNIFICANT IHOP FRANCHISEE: Sunshine Restaurant Partners, the operator and tenant has over 150 locations in Florida and multiple others in Georgia and has a vision to add another 100 IHOP
  location to their portfolio as the brand continues to grow.
• NATIONAL TENANT: IHOP restaurant, a subsidiary of DineEquity, INC. is one of the largest casual dining
  restaurant chains in the world with 1,800 locations