NNN Retail Advisors Completes Sale of IHOP in Sulphur Springs, TX

IHOP Sulphur Springs Texas net lease investment sale

NNN Retail Advisors recently completed the sale of this IHOP investment property in Sulphur Springs, Texas. The property featured a bite-size Absolute NNN lease with zero landlord responsibilities, 1% annual rent increases throughout the initial term and option periods, strong visibility and direct access from Interstate 30, traffic counts exceeding 49,000 vehicles per day, and a prominent 50-foot IHOP pylon sign. Located approximately 80 miles east of the Dallas/Fort Worth Metroplex along a strong regional retail corridor, the property is surrounded by major national retailers and restaurants including Walmart, Home Depot, Lowe’s, Target, Academy Sports + Outdoors, Best Buy, Chick-fil-A, Starbucks and McDonald’s. NNN Retail Advisors specializes in single-tenant net lease investment sales throughout Texas and across the United States. Looking to buy or sell a net lease property? Contact NNN Retail Advisors to discuss your property, investment criteria, or 1031 exchange requirements.