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IHOP 1661 Sycamore View Rd 4,750 SF Retail Building Memphis, TN 38134 $3,153,000 ($663.79/SF) 7.50% Cap Rate

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PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,750 SF
Building Class
B
Year Built
1999
Price
$3,153,000
Price Per SF
$663.79
Cap Rate
7.50%
NOI
$236,500
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
1.07 AC
Zoning
CH
Parking
90 Spaces (18.95 Spaces per 1,000 SF Leased)
Frontage
175’ on Sycamore View Rd

AMENITIES

  • Bus Line
  • Pylon Sign
  • Restaurant
  • Signage

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Accommodation and Food Services
  • -
  • -
  • Nov 2031

Since 1958, IHOP® has been the place where people connect over breakfast, enjoy study breaks, grab a bite before or after sporting events, and so much more. And no matter what menu items they order, there’s one ingredient that’s always constant — a smile. They've seen millions of smiles over the years in their restaurants, and now shared in photos across their social properties. In fact, smiles are so much a part of their culture that they changed their logo to include one. This is just one of the many fun and exciting changes customers can expect from IHOP®. Because they know the shortest distance between two people is a smile. For more than 63 years, IHOP has been a leader, innovator and expert in all things breakfast, any time of day. The chain offers numerous different signature, fresh, made-to-order breakfast options, a wide selection of popular lunch and dinner items, including Ultimate Steakburgers.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Accommodation and Food Services - - Nov 2031

NEARBY MAJOR RETAILERS

Cracker Barrel Old Country Store
Waffle House
Krystal
Bestway Rent To Own
Back Yard Burgers
D-BAT

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
08-9001-0-0067
Land Assessment
$124,800
Improvements Assessment
$401,400
Total Assessment
$526,200
  • Listing ID: 38695799

  • Date on Market: 6/12/2025

  • Last Updated:

  • Address: 1661 Sycamore View Rd, Memphis, TN 38134

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