IHOP

7344 W. Colonial Drive, Orlando, FL 32818

Year Built
2015
Occupancy
100%
Leasable Area
4,613 SF
Property Type
Retail

STRATEGIC LOCATION

  • Excellent Visibility – Subject property is strategically located on West Colonial Drive (40,000 VPD) with multiple points of ingress and egress, providing easy access for customers
  • Explosive Population Growth – Since 2010, the population has grown at a rate of over 15.78% in a 5-mile radius, currently boasting approximately 268,761 individuals.
  • Strong Retail Corridor – Surrounding national retailers include: The Home Depot, Sam’s Club, Walmart, Burlington, Dollar Tree, Olive Garden, Chili’s, Steak N’ Shake, Holiday Inn, and many
  • Globally Recognized Tourism – Orlando’s tourism industry draws over 68 million visitors annually and has an economic impact of $50+ billion
  • Universal Studios – This restaurant is located just over 7-miles from Universal Studios Orlando, which ranks a the sixth most attended theme park in the United States and the ninth most attended theme park worldwide; with an estimated 10,198,000 visitors in 2017

STABLE INVESTMENT

  • Absolute NNN Lease – ZERO Landlord Responsibilities – Ideal for out of state investor
  • Below Market Rent – Increases investors security through having the ability to possibly increase value during any future repositioning scenario
  • Growing Cash Flow – Lease contains 1.00% Annual rental increases
  • Recent Construction – The subject property was built in 2014, limiting necessity for future renovations by tenant

LEADING CASUAL DINING CONCEPT

  • 100% leased to a franchisee for a national tenant, IHOP restaurant, a subsidiary of DineEquity, INC. which is the largest casual-dining restaurant chain in the world.
  • Top IHOP Operator – Sunshine Restaurant Partners is an affiliate of Argonne Capital Group, which through its four partnerships is the largest IHOP franchisee with nearly 300 restaurants across the United States.
  • Argonne Capital Group employees 32,000 people and has grown to over $1.6 billion in annual sales
  • Sunshine Restaurant Partners has over 150 locations in Florida and Southern Georgia with a vision to expand to 250 locations in the coming years.

Broker of Record

  • Kyle Matthews
  • License No. CQ1052263 (FL)
  • (310) 919-5757
  • Matthews Retail Group, Inc.
  • 841 Apollo Street. Suite 150,
    El Segundo, CA 90245