Freestanding Restaurant NNN
2607 Blue Heron Drive Marion, IL 62959
Freestanding, single-tenant restaurant building on a 1-acre lot with an Absolute NNN structure and a brand-new 10-year lease.
Type:Retail
Property size:
5,000 SFLot size:
1.00 AcrePrice / SF:
$400/SF- Added:
- Jul 3, 2026
- Days on Market:
- 8
- Last Refresh:
- Jul 9 at 3:22 am
Property Features for 2607 Blue Heron Drive
General Information
- Standard status
- Active
- Size
- 5,000 SF
- Lot size
- 1.00 Acre
- Property subtype
- Retail
Building Details
- Year Built
- 2016
Listing office Current Real Estate Advisors (305) 783-8890
Listing date Jul 3, 2026
Source Crexi
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 Current Real Estate Advisors
Investment Insights
Based on property information with market context.
This offering is for IHOP – Marion, a freestanding, single-tenant restaurant building on a 1-acre lot in Marion, IL. The property is presented as an Absolute NNN investment, described as imposing zero landlord responsibilities, and is structured as a sale-leaseback transaction.
At closing, a brand-new 10-year lease will be executed, with 10% rental escalations every five years. The lease also includes four, 5-year renewal options, reflecting the operator’s long-term commitment to the location.
The building is described as approximately 5,000 square feet and is offered as part of a portfolio (with the ability to acquire this asset separately or together with other portfolio properties).
At closing, a brand-new 10-year lease will be executed, with 10% rental escalations every five years. The lease also includes four, 5-year renewal options, reflecting the operator’s long-term commitment to the location.
The building is described as approximately 5,000 square feet and is offered as part of a portfolio (with the ability to acquire this asset separately or together with other portfolio properties).
Key Highlights
- 2016‑built, freestanding IHOP single‑tenant restaurant building totaling 5,000 SF.
- Located on a 1‑acre lot in Marion, IL.
- Absolute NNN lease structure with zero landlord responsibilities.
Property Analytics
Location Intelligence
Current Use by Public Records
IHOP
Restaurant
TenderFix by Noah ...
Restaurant
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - Freestanding, single-tenant restaurant building on a 1-acre lot with an Absolute NNN structure and a brand-new 10-year lease.
Where is this conventional restaurant located?
The property is located at 2607 Blue Heron Drive Marion, IL.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: 2016‑built, freestanding IHOP single‑tenant restaurant building totaling 5,000 SF.; Located on a 1‑acre lot in Marion, IL.; Absolute NNN lease structure with zero landlord responsibilities.
