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2726 Emerson Dr
Elkhart, IN 46514
IHOP · Retail Property For Sale
Investment Highlights
- Brand New 20-Year Absolute Triple-Net (NNN) Lease
- Guarantor is One of the Largest Franchisee and Developers of IHOP Restaurants in the U.S. - 107+ Locations
- Outparcel to Walmart Supercenter
- 10% Rental Increases Every 5 Years
- 88,379 Residents within a 5-Mile Radius
- Easily Accessible via County Road 6 (19,940+ Cars/Day)
Property Facts
Property Type
Retail
Property Subtype
Fast Food
Building Size
4,538 SF
Building Class
C
Year Built
2004
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
1.29 AC
Zoning
B-2
Parking
70 Spaces (0 Spaces per 1,000 SF Leased)
Frontage
165’ on Emerson Dr
Amenities
- Signage
- Drive Thru
Property Taxes
| Parcel Number | 20-02-29-126-014.000-027 | Improvements Assessment | $548,400 |
| Land Assessment | $387,000 | Total Assessment | $935,400 |
Property Taxes
Parcel Number
20-02-29-126-014.000-027
Land Assessment
$387,000
Improvements Assessment
$548,400
Total Assessment
$935,400
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