Single-Tenant IHOP
2000 W Northern Ave Phoenix, AZ 85021
For Sale
Contact for pricing
Single-tenant IHOP restaurant building operating under a long-term net lease with approximately 17 years remaining.
Property Size4,769 SF
Lot Size1.59 Acres
Price / SF$880.69
Days on Market17
Property Features for 2000 W Northern Ave
General Information
- Standard status
- Active
- Size
- 4,769 SF
- Lot size
- 1.59 Acres
- Property subtype
- Retail
Listing Agency:
Bang Realty
(888) 737-2264
Listed By:
Brian Brockman · License #BR691523000
Source:
Crexi
Added: Jul 7
Changed: Jul 23
Last Checked: Jul 23 at 1:46AM
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 Bang Realty
Investment Insights
Based on property information with market context.
This offering presents a single-tenant IHOP restaurant property comprising a 4,769± square foot restaurant building on a 1.59± acre parcel. The building is occupied by IHOP under a long-term net lease.
The current lease is in its seventh year of a 24-year term, with an expiration date of January 30, 2043 and approximately 17 years remaining. The property is located along Northern Avenue within the Phoenix metropolitan area.
For investors seeking a long-term, single-tenant restaurant asset, the lease structure provides continued operating occupancy through the stated lease term.
The current lease is in its seventh year of a 24-year term, with an expiration date of January 30, 2043 and approximately 17 years remaining. The property is located along Northern Avenue within the Phoenix metropolitan area.
For investors seeking a long-term, single-tenant restaurant asset, the lease structure provides continued operating occupancy through the stated lease term.
Key Highlights
- Single‑tenant IHOP restaurant at 2000 W Northern Avenue, Phoenix, AZ.
- 4,769± SF restaurant building on a 1.59± acre parcel.
- IHOP occupies the property under a long‑term net lease with 17 years remaining.
Property Analytics
Location Intelligence
Current Use by Public Records
IHOP
Restaurant
NASCAR Refuel Tenders ...
Restaurant
TenderFix by Noah ...
Restaurant
FAQs
What type of property is this?
Breakfast & diner - Single-tenant IHOP restaurant building operating under a long-term net lease with approximately 17 years remaining.
Where is this breakfast & diner located?
The property is located at 2000 W Northern Ave Phoenix, AZ.
What is the asking price?
The asking price for this property is $4,200,000.
What are key features of this property?
This property features: Single‑tenant IHOP restaurant at 2000 W Northern Avenue, Phoenix, AZ.; 4,769± SF restaurant building on a 1.59± acre parcel.; IHOP occupies the property under a long‑term net lease with 17 years remaining.
