IHOP NNN Restaurant
For Sale
Contact for pricing
Pending
11475 Cinema Dr, Diberville, MS 39540
Operating restaurant property with an absolute NNN lease and 11.8 years remaining on the current term.
Property Size5,200 SF
Lot Size0.95 Acres
Days on Market144
Property Features for 11475 Cinema Dr
General Information
Standard status
Pending
Size
5,200 SF
Lot size
0.95 Acres
Property subtype
Retail
Net Operating Income
$184,684
Financials
Asking Price
$2,736,000
Cap Rate
6.75%
Building Details
Buildings
1
Listing Agency:
Lee & Associates San Diego - Carlsbad
(760) 519-0240
Listed By:
Ryan Bennett · License #CA 01826517
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Sep 1 at 5:36AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lee & Associates San Diego - Carlsbad
Investment Insights
Based on property information with market context.
This IHOP restaurant property includes a 5,200 square-foot building on 0.95 acres. The asset is subject to an absolute NNN lease with 11.8 years remaining, providing a defined contractual term for the next owner. Lease economics include 10% rent increases every 5 years, and the lease is guaranteed by Encore Restaurants, LLC.
The property is located at 11475 Cinema Dr in D'Iberville, Mississippi. IHOP is identified as the operating restaurant brand, and the investment carries a 6.75% cap rate. The combination of a freestanding restaurant building, established brand occupancy, long-term lease structure, and contractual rent growth creates a clearly defined commercial ownership profile.
The property is located at 11475 Cinema Dr in D'Iberville, Mississippi. IHOP is identified as the operating restaurant brand, and the investment carries a 6.75% cap rate. The combination of a freestanding restaurant building, established brand occupancy, long-term lease structure, and contractual rent growth creates a clearly defined commercial ownership profile.
Key Highlights
- 5,200 sq ft restaurant building on 0.95 acres
- Absolute NNN lease with 11.8 years remaining
- Lease guaranteed by Encore Restaurants, LLC
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
336
Businesses Nearby
Explore this area
Business Placement
Demographics for 39540, MS
12,707
Population
5,444
Households
2.3
Avg Household Size
36
Median Age
20%
College-Educated
88%
High-School Grad
11.4 sq mi
ZIP Area
1,115
Density / Sq Mi
$65,712
Median Household Income
$41,129
Median Earnings
$1,177
Median Rent
$199,000
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Operating restaurant property with an absolute NNN lease and 11.8 years remaining on the current term.
Where is this nnn property located?
The property is located at 11475 Cinema Dr Diberville, MS.
What are key features of this property?
This property features: 5,200 sq ft restaurant building on 0.95 acres; Absolute NNN lease with 11.8 years remaining; Lease guaranteed by Encore Restaurants, LLC
