Lowest Cap Rate
3.61%
Lowest Cap Rate over past 24 months
Average Cap Rate
6.40%
12 mo avg with 5+ yr lease term
Average Cap Rate calculated if 3+ comps are available over past 12 months
Quarter Cap Rate
7.68%
Average Cap Rate over previous quarter
Overview
IHOP, International House of Pancakes, is a leader in the breakfast chain restaurant business but also offers a full lunch and dinner menu. IHOP currently has over 1,600 locations in all 50 states and in 17 different countries. IHOP offers long leases generally around 20-25 years with varying rent escalations built into the lease. The typical IHOP prototype is around 4,000-5,000 square feet on a parcel of land anywhere from 0.5-2 acres of land.
Property & Lease
Sales Price Range$2,250,000 - $2,750,000
NOI Range$125,000 - $165,000
Building SF4,500 - 5,000
Lease Term20 - 25 Years
EscalationsVaries
Stock SymbolNYSE:DIN
Credit Rating
S&PN/A
Moody'sN/A
Cap Rate By Region
Average regional cap rates calculated over past 24 months, irrespective of term length
6.65
5.57
6.19
6.51
6.39
4.68
*Regional cap rates calculated from sales data available over the past 24 months, irrespective of remaining term.
Financial Fundamentals
- Overview
- Cap Rate By Region
- Financial Fundamentals
- Stock Analysis
Recent Sales Comps
Port Arthur, TX7.30%
Gilbert, AZ6.58%
Toledo, OH7.23%
Top Consumer Traffic
Anaheim, CA514,200
Northglenn, CO464,800
Kahului, HI419,600
Provided by Placer.ai
*Indicates ranking may be skewed due to limited data
