Brand-New IHOP Absolute-Net
For Sale
Contact for pricing
1650 W Ave K, Lancaster, CA 93534
New IHOP with a 23-year absolute-net lease and scheduled 1.5% annual rent increases.
Property SizeContact for details
Days on Market122
Property Features for 1650 W Ave K
General Information
Standard status
Active
Property subtype
Retail
Site & Location
Traffic Count
34,200 vehicles/day
Highway Access
Yes
Building Details
Tenancy
Single
Listing Agency:
Deltondo Advisory Group Irvine
(949) 419-3200
Listed By:
Peter Deltondo · License #CA 01797033
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 23 at 12:56PM
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 Deltondo Advisory Group Irvine
Investment Insights
Based on property information with market context.
This brand-new IHOP is offered on a 23-year absolute-net lease structure with 1.5% annual rent increases. Designed for long-term stability, the property presents a single-tenant restaurant investment profile aligned with investors seeking contracted income durability.
The site is located off the Antelope Valley Freeway and positioned at the intersection of West Avenue K and 17th Street West, where the provided traffic counts include 63,600+ vehicles per day and a combined 34,200+ at the intersection. Additional nearby demand drivers mentioned include an apartment complex with 800 units and numerous hotels.
Within one mile, the remarks cite the IHOP location and Antelope Valley Medical Center, a 420-bed hospital with a workforce of 2,500+ employees. The property is also across the freeway from Lancaster’s largest shopping center, listing prominent tenants such as Costco, Target, Sprouts, WinCo, and others, creating a dense retail and dining draw in the immediate trade area.
The site is located off the Antelope Valley Freeway and positioned at the intersection of West Avenue K and 17th Street West, where the provided traffic counts include 63,600+ vehicles per day and a combined 34,200+ at the intersection. Additional nearby demand drivers mentioned include an apartment complex with 800 units and numerous hotels.
Within one mile, the remarks cite the IHOP location and Antelope Valley Medical Center, a 420-bed hospital with a workforce of 2,500+ employees. The property is also across the freeway from Lancaster’s largest shopping center, listing prominent tenants such as Costco, Target, Sprouts, WinCo, and others, creating a dense retail and dining draw in the immediate trade area.
Key Highlights
- New IHOP with a 23‑year absolute‑net lease
- Scheduled 1.5% annual rent increases
- Located off the Antelope Valley Freeway (daily traffic volume 63,600+ vehicles)
Property Analytics
Current Use
Lease Details
34,200 VPD
Traffic count
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,222
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 93534, CA
43,906
Population
16,343
Households
2.7
Avg Household Size
34
Median Age
18%
College-Educated
81%
High-School Grad
19.0 sq mi
ZIP Area
2,311
Density / Sq Mi
$58,891
Median Household Income
$44,566
Median Earnings
$1,513
Median Rent
$339,900
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - New IHOP with a 23-year absolute-net lease and scheduled 1.5% annual rent increases.
Where is this conventional restaurant located?
The property is located at 1650 W Ave K Lancaster, CA.
What are key features of this property?
This property features: New IHOP with a 23‑year absolute‑net lease; Scheduled 1.5% annual rent increases; Located off the Antelope Valley Freeway (daily traffic volume 63,600+ vehicles)
