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The Nlag Advantage
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Lansing (Chicago), IL 60438
IHOP
Property Address
2430 173rd Street, Lansing, IL, USA
Offering Summary
Price:
$2,950,000
Lot Size:
1.04 Acres
Year Built:
2017
Building SF:
4,909
Status:
Closed
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Principal
Broker
16 Years Remaining on Absolute Triple-Net (NNN) Lease Term
10% Rental Increases Every 5 Years
237,264 Residents within a 5-Mile Radius - Dense Trade Area in the Chicago MSA
Guarantor is One of the Largest Franchisee and Developers of IHOP Restaurants in the U.S. - 110+ Locations
Situated Immediately Off the I-94 Freeway (178,400+ Cars/Day), Providing Direct Access to Chicago
Located within a Major Retail Corridor - Tenants Include Walmart, The Home Depot, Planet Fitness, Sam’s Club, ALDI, Wendy’s, and More
Positioned Off Torrence Avenue with 22,100 Cars/Day
Strong Daytime Population - 217,150+ Employees in Surrounding Area
Broker Information
Mark Ruble
Agent
Phone Number:
602.687.6766
mruble@marcusmillichap.com
Chris Lind
Agent
Phone Number:
602.687.6780
chris.lind@marcusmillichap.com
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