This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
3675 GA Hwy. 138
Stockbridge, GA 30281
15 Yr. Corporate IHOP | Atlanta | 2% Co-Op · Retail Property For Sale
Property Facts
Amenities
- Pylon Sign
- Restaurant
- Signage
- Wheelchair Accessible
About 3675 GA HWY. 138 , STOCKBRIDGE, GA 30281
2% Buyer's Broker Co-Op Fee. This is the unique opportunity to purchase an IHOP with a corporate guaranty from DineEquity Inc. (NYSE:DIN) under a recently extended 15 year absolute NNN lease. The lease calls for zero landlord obligations and scheduled rental increases of 7.5% every 5 years. The tenant has five 5 year options to renew with 7.5% rental increases in each option period. IHOP has proven the location, its strong sales history and long term commitment to the site by extending its lease for 15 years.
Property Taxes
| Parcel Number | 12-0072A-00A-012 | Improvements Assessment | $509,280 |
| Land Assessment | $249,320 | Total Assessment | $758,600 |
Property Taxes
