Lead Agents
Absolute NNN Corporate IHOP
Martinez, California
Price:
$4,299,000
Cap Rate:
5.35%
NOI:
$230,000
Built:
1991
Building Size (SF):
4,500 SF
Lot Size (Acres):
0.58 AC
Corporate IHOP has occupied this Martinez, CA site since 1991 and recently extended its lease through 2038, with an absolute NNN structure and 2% annual rent increases. Positioned just off Highway 4 in an established Bay Area retail node surrounded by major national retailers, this opportunity combines long-term tenant commitment, passive ownership, and a location with a proven track record.
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