IHOP

• Corporate Guarantee from NYSE-Listed Parent – The lease is guaranteed by Dine Brands Global (NYSE: DIN), the parent company of IHOP and Applebee’s and one of the largest full-service dining companies in the world, providing strong corporate backing and credit strength.
• Absolute Long-Term NNN Lease – The property benefits by a long-term true absolute triple-net lease, providing the investor with a highly passive ownership structure and no landlord responsibilities.
• Recent 10-Year Lease Extension – The tenant recently executed a 10-year lease extension, providing the investor with enhanced long-term income visibility and reducing near-term rollover risk.
• Strong Store Performance – The IHOP consistently generates sales well above the national IHOP average, demonstrating strong store-level performance and customer demand. Contact broker for details.
• Prime Westminster Retail Corridor – Strategically located along W 120th Avenue, the property benefits with excellent retail synergy with nearby national tenants including Whole Foods, Sprouts Farmers Market, Target, and Walmart Supercenter to name a few. The location provides excellent access to Sheridan Boulevard which serves the growing Westminster and northwest Denver metro area.
• Excellent Access & Visibility – The property has prominent frontage along W 120th Avenue, which sees 39,000+ vehicles per day, providing excellent visibility and exposure. Convenient access to major thoroughfares, including I-25, further connects the property to Westminster, Broomfield, and the greater Denver metro area.
• Strong Denver Metro Demographics – The property is situated within a dense and affluent surrounding trade area, with approximately 329,000 residents within 5 miles. Average household income is approximately $125,000 within 5 miles, supporting strong consumer spending and long-term retail demand.