About the Property

The subject property is located in Jacksonville, FL, approximately 12-miles Southwest of downtown Jacksonvill subject property lies on 103rd Street, approximately 1-mile off Interstate 295. Jacksonville is the largest city in the state of Florida. In 2007, Jacksonville ranked as the United States’ twelfth most populous city, with 794,555 residents. It is the principal city in the Greater Jacksonville Metropolitan Area, a region with a population of 1,300,823 the fourth largest metropolitan area in the state. Some of the other national tenants in the surrounding area include: Dairy Queen, KFC, Burger King, Taco Bell, McDonald’s, Pizza Hut, Subway, Exxon Gas Station, Autozone, Bank of America, Beall’s Outlet, BP Gas Station, Foodlion, Goodyear Tires, Publix Supermarket, Shell Gas Station, and Walgreens.

Tenant

IHOP restaurants, one of America’s favorite restaurant chains, are franchised and operated by Glendale, California-based International House of Pancakes, Inc., a wholly owned subsidiary of IHOP Corp. IHOP restaurants feature moderately priced, high-quality food and beverage items, and table service in an attractive and comfortable atmosphere. Although IHOP restaurants are best known for their award-winning pancakes, omelets and other breakfast specialties, IHOP restaurants are open throughout the day and evening hours and offer a broad array of lunch, dinner and snack items as well.

More than 99 percent of IHOP restaurants are operated by franchisees, which are independent business people. Our management belief is that an equity-involved franchisee is very responsive to the needs of the guest. As of March 31, 2007, there were 1,306 IHOP restaurants located in 49 states, the U.S. Virgin Islands, Canada and Mexico.

Detail Information

For more information about this property, please contact a Willis Ventures agent. You can also submit the following form to Willis Ventures and one of our agents will get in touch with you shortly.