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The Nlag Advantage
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Schererville, IN 46375
IHOP
Property Address
1850 U.S. 41, Schererville, IN, USA
Offering Summary
Price:
$3,048,000
Lot Size:
1.27 Acres
Year Built:
2019
Building SF:
4,540
Status:
CLOSED
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Brand New 20-Year Absolute Triple-Net (NNN) Lease - 2019 Build
10% Rental Increases Every 5 Years
Guarantor is One of the Largest Franchisee and Developers of IHOP Restaurants in the U.S. - 107+ Locations
136,455 Residents within a 5-Mile Radius - Chicago MSA
Households Projected to Increase 10%+ within 3 Miles Over the Next 5 Years
Excellent Visibility - Over 79,000 Cars/Day at the Intersection
Situated Along Major Retail Corridor - Walmart, AMC Theatres, Menards, Planet Fitness, Dollar Tree, and More
Average Household Income Exceeds $106K within a 3-Mile Radius
Direct Access to the Interstate 94 (6 Miles) via US Highway 41
Strong Daytime Population - 105,934 Employees in Surrounding Area
Broker Information
Mark Ruble
Agent
Phone Number:
602.687.6766
mruble@marcusmillichap.com
Jamie Medress
Agent
Phone Number:
602.687.6778
jmedress@marcusmillichap.com
Chris Lind
Agent
Phone Number:
602.687.6780
chris.lind@marcusmillichap.com
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