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Absolute Net-Leased IHOP Restaurant

4337 Chouteau Trafficway, Kansas City, MO 64117

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For Sale

$2,016,000

Freestanding IHOP on an NNN lease with strong highway frontage and a recently commenced 21-year term.

Type:Restaurant

Property size:

4,387 SF

Lot size:

0.62 Acres

Price / SF:

$459/SF

HighLights

Freestanding, single‑tenant IHOP restaurant at 4337 Chouteau Trafficway in Kansas City, MO
4,387 SF building constructed in 2001 on a 0.62‑acre parcel
Absolute triple‑net (NNN) lease executed with a multi‑unit IHOP franchisee; commenced August 1, 2025 for 21 years
Lease includes 10% rental increases every five years
Direct frontage along Interstate 35 with daily traffic volumes exceeding 35,568 vehicles
Positioned as an outparcel to a Target and a grocer‑anchored center

We can help!

Listing Contact

Ricardo Esteves

Learn more

For Sale

$2,016,000

Freestanding IHOP on an NNN lease with strong highway frontage and a recently commenced 21-year term.

Type:Restaurant

Property size:

4,387 SF

Lot size:

0.62 Acres

Price / SF:

$459/SF

Added:: Jun 11, 2026
Days on Market:: 5
Last Refresh:: Jun 13 at 2:50 am

Property Features for 4337 Chouteau Trafficway

General Information

Standard status: Active
Size: 4,387 SF
Lot size: 0.62 Acres
Property subtype: Restaurant

We can help!

Listing Contact

Ricardo Esteves

Listing agent Ricardo Esteves License #License(s): FL: SL3402581, FL: BK3402581

Listing office Marcus & Millichap | Miami

Listing date Jun 11, 2026

Source Marcusmillichap

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 Marcus & Millichap | Miami

HighLights

Freestanding, single‑tenant IHOP restaurant at 4337 Chouteau Trafficway in Kansas City, MO
4,387 SF building constructed in 2001 on a 0.62‑acre parcel
Absolute triple‑net (NNN) lease executed with a multi‑unit IHOP franchisee; commenced August 1, 2025 for 21 years
Lease includes 10% rental increases every five years
Direct frontage along Interstate 35 with daily traffic volumes exceeding 35,568 vehicles
Positioned as an outparcel to a Target and a grocer‑anchored center

Overview

This absolute net-leased IHOP restaurant is a freestanding, single-tenant property built in 2001. The building totals 4,387 square feet and sits on a 0.62-acre parcel. The offering is structured as an absolute triple-net (NNN) lease, with the current lease commenced August 1, 2025, and includes 10% rental increases every five years.

The property is located at 4337 Chouteau Trafficway in Kansas City, Missouri, with frontage and visibility along Chouteau Trafficway, described as a major north-south thoroughfare. The site also offers direct frontage along Interstate 35, with daily traffic volumes exceeding 35,568 vehicles, supporting strong regional visibility and access. The location is positioned as an outparcel to a Target and a grocer-anchored center, within a corridor that includes dense residential neighborhoods and national retail.

For tenants, operators, and investors seeking a long-term, single-tenant NNN structure, this IHOP is leased to an experienced multi-unit IHOP franchisee. The 21-year lease term and scheduled 10% increases every five years provide a defined, contractual rental framework starting August 1, 2025.

Location Intelligence

Current Use by Public Records

IHOP Restaurant Super Mega Dilla Restaurant TenderFix by Noah ... Restaurant

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Location Insight

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Local Demand

City: Kansas City
County: Platte
State: Missouri
Longitude: -94.5345147
Latitude: 39.1742536

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For sale
Breakfast & diners
MO
Kansas City
64117
4337 Chouteau Trafficway

What type of property is this?

Breakfast & diner - Freestanding IHOP on an NNN lease with strong highway frontage and a recently commenced 21-year term.

Where is this breakfast & diner located?

The property is located at 4337 Chouteau Trafficway Kansas City, MO.

What is the asking price?

The asking price for this property is $2,016,000.

What are key features of this property?

This property features: Freestanding, single‑tenant IHOP restaurant at 4337 Chouteau Trafficway in Kansas City, MO; 4,387 SF building constructed in 2001 on a 0.62‑acre parcel; Absolute triple‑net (NNN) lease executed with a multi‑unit IHOP franchisee; commenced August 1, 2025 for 21 years

4337 Chouteau Trafficway, Kansas City, MO 64117

Freestanding IHOP on an NNN lease with strong highway frontage and a recently commenced 21-year term.

Property Features for 4337 Chouteau Trafficway

General Information

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Commercial Property on Busy Intersection

Three-Property Redevelopment Portfolio

Industrial Building with Fenced Yard

Commercial Space in Kansas City

Restored Multifamily in South Hyde Park

Freestanding Retail Opportunity in Kansas City

Restaurant Opportunity in Kansas City

New-Construction 10-Unit Multifamily Asset

Versatile Commercial Property in Kansas

All-Brick 8-Unit Apartment Building

Rehabbed Duplex Near Country Club Plaza

Warehouse Lot with Brick Inventory

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