About the Property
The subject property is located within a very dense retail trade area that allows it to benefit from steady and consistent traffic flow of US 41. The immediate trade are consists of almost every major retailer in the country. IHOP believes this location will be an extremely high volume store due to it’s visibility to US 41, immediate retail density and strength of the demographics within a 5 mile radius. National retailers in the surrounding area include: Lowe’s, Publix, Walgreens, Staples, Kmart, McDonalds, Wal-Mart, Home Depot, Target, Dillard’s, Macy’s, Chik-fil-A, Haverty’s, and Office Depot.
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.
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