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IHOP | Grand Prairie, TX 4103 S Carrier Pky 5,260 SF Retail Building Grand Prairie, TX 75052 $3,960,000 ($752.85/SF) 6.75% Cap Rate




INVESTMENT HIGHLIGHTS
- Single-Tenant Absolute NNN Corporate IHOP: Absolute NNN lease; Zero Landlord Responsibilities
- Income Tax-Free State
- Ideally Located in the Rapidly Growing Dallas-Fort Worth Submarket: 244% population growth within a 1-mile radius from 2010 to 2020
- Long-Term Operating History; IHOP Has Been Operating at the Site Since 2003 (22+ Years)
- Excellent Accessibility and Visibility; High-Traffic Location Along Carrier Parkway (40,000 CPD); I-20 Adjacent (149,000 CPD)
- Three of Grand Prairie’s Largest Employers are Located within a 5-Mile Radius of the Property (Combined 8,200+ Employees)
EXECUTIVE SUMMARY
PROPERTY FACTS
AMENITIES
- Signage
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
-
- Accommodation and Food Services
- -
- -
- -
Since 1958, IHOP® has been the place where people connect over breakfast, enjoy study breaks, grab a bite before or after sporting events, and so much more. And no matter what menu items they order, there’s one ingredient that’s always constant — a smile. They've seen millions of smiles over the years in their restaurants, and now shared in photos across their social properties. In fact, smiles are so much a part of their culture that they changed their logo to include one. This is just one of the many fun and exciting changes customers can expect from IHOP®. Because they know the shortest distance between two people is a smile. For more than 63 years, IHOP has been a leader, innovator and expert in all things breakfast, any time of day. The chain offers numerous different signature, fresh, made-to-order breakfast options, a wide selection of popular lunch and dinner items, including Ultimate Steakburgers.
TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
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Accommodation and Food Services | - | - | - |
NEARBY MAJOR RETAILERS










PROPERTY TAXES
Parcel Number | 282421000A01R0000 | Improvements Assessment | $566,660 |
Land Assessment | $600,440 | Total Assessment | $1,167,100 |
PROPERTY TAXES
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IHOP | Grand Prairie, TX | 4103 S Carrier Pky
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