IHOP Absolute NNN
For Sale
$2,400,000
2248 N Webb Rd, Grand Island, NE 68803
Restaurant asset delivered in 2021 with a long-term lease structure and scheduled rent increases.
Property SizeContact for details
Days on Market96
Property Features for 2248 N Webb Rd
General Information
Standard status
Active
Property subtype
Commercial
Lease Term
± 15 Years
Net Operating Income
$156,000
Building Details
Year Built
2021
Listing Agency:
Matthews Real Estate Investment Services, Inc
Listed By:
Kyle Matthews · License #01469842
Source:
Matthews
Added: Jun 4
Changed: Sep 6
Last Checked: Sep 7 at 4:36AM
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 Matthews Real Estate Investment Services, Inc
Investment Insights
Based on property information with market context.
This NNN property is occupied by IHOP and was constructed in 2021. The asset is subject to an absolute NNN lease with a 15-year term and contractual rent escalations.
The property is located at 2248 North Webb Road in Grand Island, Nebraska 68803. Its restaurant use and established lease structure provide the primary operating and investment characteristics identified for the offering.
The property is located at 2248 North Webb Road in Grand Island, Nebraska 68803. Its restaurant use and established lease structure provide the primary operating and investment characteristics identified for the offering.
Key Highlights
- IHOP‑occupied restaurant property
- Absolute NNN lease structure
- 15‑year lease term
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
630
Businesses Nearby
Explore this area
Business Placement
Demographics for 68803, NE
26,487
Population
11,188
Households
2.4
Avg Household Size
38
Median Age
25%
College-Educated
87%
High-School Grad
86.9 sq mi
ZIP Area
305
Density / Sq Mi
$70,040
Median Household Income
$44,795
Median Earnings
$888
Median Rent
$224,100
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Restaurant asset delivered in 2021 with a long-term lease structure and scheduled rent increases.
Where is this nnn property located?
The property is located at 2248 N Webb Rd Grand Island, NE.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: IHOP‑occupied restaurant property; Absolute NNN lease structure; 15‑year lease term
