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3408 S Main St
Lindale, TX 75771
Retail Property For Sale
Investment Highlights
- Long Term (20) Year Absolute NNN Lease w/almost 10 years remaining
- No Landlord Responsibilities
- IHOP – Globally Recognized Restaurant and Iconic Brand
- Four 5-Year Options to Renew
- 6% rent increase every 5 years
- Operated by Largest IHOP Franchisee in USA- ACG Texas
Property Facts
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,168 SF
Building Class
B
Year Built
2013
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.95 AC
Property Taxes
| Parcel Number | 1-06340-0000-00-002000 | Improvements Assessment | $1,246,278 |
| Land Assessment | $346,955 | Total Assessment | $1,593,233 |
Property Taxes
Parcel Number
1-06340-0000-00-002000
Land Assessment
$346,955
Improvements Assessment
$1,246,278
Total Assessment
$1,593,233
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