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IHOP 108 Latigo Ln 4,300 SF Retail Building Canon City, CO 81212 $1,200,000 ($279.07/SF) 6.67% Cap Rate
Investment Highlights
- IHOP: one of the largest casual dining concepts with ±1,800 locations worldwide.
- Operated by one of the longest tenured IHOP franchisees in the country.
- 1.86-acre lot with additional land east of building for potential future development.
- 11-Year Absolute NNN Sale-Leaseback — zero landlord responsibilities, passive income.
- Priced below replacement cost — lower barrier to entry and reduced risk.
- Direct access to Hwy 50 with ±19,000 VPD and strong visibility.
Executive Summary
Brayden Conner
License # ER.100106933, EC.100099522 (CO)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203
(866) 889-0550
License # ER.100106933, EC.100099522 (CO)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,300 SF
Building Class
B
Year Built
2005
Price
$1,200,000
Price Per SF
$279.07
Cap Rate
6.67%
NOI
$80,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
1.85 AC
Opportunity Zone
Yes
Zoning
C
Frontage
51’ on Latigo Lane
Amenities
- Air Conditioning
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Denny''s Restaurant Llc
- -
- -
- -
-
Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Denny''s Restaurant Llc | - | - | - | Jan 0000 |
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Nearby Major Retailers
1 of 4
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Contact the Sale Advisor
IHOP | 108 Latigo Ln