2607 Blue Heron Dr
Marion, IL 62959
IHOP Restaurant · Retail Property For Sale

Tiktin Real Estate Investment Services is pleased to present this IHOP Restaurant located at 2607 Blue Heron Drive, Marion, IL 62901. This property consists of approximately a 5,000-square-foot IHOP Restaurant built in 2016 and situated on 1.2 Acres. At the close of escrow, seller will sign a brand new 15 year Triple Net (NNN) lease. The lease will provide for zero landlord responsibilities, 10 percent increases every 5 years and four, 5 year options. Annual rent will be initially set at $119,145 per year. This property offers direct frontage, signage and access along Blue Heron Drive and The Hill Avenue. Additionally, this IHOP Restaurant is located just .4 miles from Interstate 57 (I-57) and sits across the street from Rent One Park, which is home of the Souther Illinois Minors of the Frontier League, an independent professional organization. The Mayor of Marion for more than 50 years, Bob Butler nicknamed the City of Marion "The Hub of the Universe." Located at the crossroads of Illinois Route 13 and Interstate 57, Marion serves as the center for shopping, dining, and entertainment in Souther Illinois. With access to Interstate 24 just to the south, Marion is a point of access to major cities like Chicago, Nashville, and St. Louis.