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IHOP Absolute NNN Property
For Sale
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2248 North Webb Road, 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 Market89

Property Features for 2248 North Webb Road

General Information

Standard status Active
Property subtype Retail
Net Operating Income $156,000

Building Details

Year Built 2021
Tenancy Single
Listing Agency: Matthews
Listed By: Kyle Matthews, CCIM · License #20170883
Source: Crexi
Added: Jun 3 Changed: Aug 30 Last Checked: Aug 30 at 5:54AM

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

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.

Key Highlights

  • IHOP‑occupied restaurant property
  • Absolute NNN lease structure
  • 15‑year lease term

Property Analytics

Current Use

IHOP Restaurant TenderFix by Noah ... Restaurant

Suggested Use

Top Pick Law Firm HVAC Service Parking Lot & Garage Electrical Service Real Estate Agency Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

630
Businesses Nearby

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

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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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 North Webb Road Grand Island, NE.
What is the asking price?
The asking price for this property is $2,496,000.
What are key features of this property?
This property features: IHOP‑occupied restaurant property; Absolute NNN lease structure; 15‑year lease term
More about this property
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