Log In/Sign Up
428 Ponce De Leon Ave NE
Atlanta, GA 30308
IHOP | Midtown Atlanta · Retail Property For Sale
Property Facts
Property Type
Retail
Building Size
2,336 SF
Building Class
B
Year Built/Renovated
1970/2009
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.56 AC
Zoning
C2
Frontage
111’ on Ponce De Leon Ave NE
About 428 PONCE DE LEON AVE NE , ATLANTA, GA 30308
Marcus & Millichap is pleased to offer for purchase the IHOP Restaurant in Midtown Atlanta, GA. This trophy property is located in the heart of metro Atlanta on one of the most desirable corridors, Ponce De Leon Avenue, and is subject to a 30-year lease with 22 years of remaining term. The lease includes 10% rent increases every 5 years for the next 20 years, dramatically improving the investor’s return. Store sales have performed consistently well above the national average for both the small and large IHOP restaurant footprints. Further, the close proximity to public transportation, major highways, multi-family apartments, and thousands of employers have helped make this restaurant very valuable to the IHOP system.
Property Taxes
| Parcel Number | 14-0048-0010-058-1 | Improvements Assessment | $131,240 |
| Land Assessment | $516,600 | Total Assessment | $647,840 |
Property Taxes
Parcel Number
14-0048-0010-058-1
Land Assessment
$516,600
Improvements Assessment
$131,240
Total Assessment
$647,840
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
