IHOP Absolute NNN
For Sale
Contact for pricing
7601 Troy Pike, Dayton, OH 45424
New-construction restaurant positioned at a signalized intersection within a Kroger-anchored shopping center.
Property SizeContact for details
Days on Market145
Property Features for 7601 Troy Pike
General Information
Standard status
Active
Property subtype
Retail, Special Purpose
Additional Details
Highway Access
Yes
Listing Agency:
Marcus & Millichap - San Diego
(858) 373-3100
Listed By:
Phil Sambazis · License #01474991
Source:
Crexi
Added: Apr 10
Changed: Aug 31
Last Checked: Aug 30 at 8:21AM
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 - San Diego
Investment Insights
Based on property information with market context.
This IHOP restaurant at 7601 Troy Pike is a brand-new construction property featuring the latest prototype design. The offering includes a 20-year absolute NNN lease with 7.5% increases every 5 years, along with a strong personal guaranty from an operator with 19-year history as an IHOP franchisee.
The property serves as an outparcel to a high-volume Kroger-anchored shopping center and sits at a signalized intersection with exposure to 46,324 cars per day. It is just off I-70, which carries 64,950 cars per day and provides direct connections to Columbus and Indianapolis. The surrounding retail corridor includes Target, Lowe’s, Kohl’s, Hobby Lobby, Dick’s, Marshalls, and Petsmart.
Additional demand drivers include a 350-acre business and industrial park across the street, Wayne High School, Wright-Patterson Air Force Base, and access to Dayton and Cincinnati. The trade area includes 215,000+ residents, 150,000 employees within 5 miles, and average household income exceeding $66,000 within 3 miles.
The property serves as an outparcel to a high-volume Kroger-anchored shopping center and sits at a signalized intersection with exposure to 46,324 cars per day. It is just off I-70, which carries 64,950 cars per day and provides direct connections to Columbus and Indianapolis. The surrounding retail corridor includes Target, Lowe’s, Kohl’s, Hobby Lobby, Dick’s, Marshalls, and Petsmart.
Additional demand drivers include a 350-acre business and industrial park across the street, Wayne High School, Wright-Patterson Air Force Base, and access to Dayton and Cincinnati. The trade area includes 215,000+ residents, 150,000 employees within 5 miles, and average household income exceeding $66,000 within 3 miles.
Key Highlights
- 20‑year absolute NNN lease with 7.5% increases every 5 years
- Brand‑new construction featuring the latest IHOP prototype design
- Outparcel to a high‑volume Kroger‑anchored shopping center
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
316
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 45424, OH
50,920
Population
21,557
Households
2.4
Avg Household Size
39
Median Age
27%
College-Educated
93%
High-School Grad
31.5 sq mi
ZIP Area
1,617
Density / Sq Mi
$78,566
Median Household Income
$45,827
Median Earnings
$1,096
Median Rent
$169,000
Median Home Value
Market
Vacancy Rate% for Retail in Dayton, OH
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - New-construction restaurant positioned at a signalized intersection within a Kroger-anchored shopping center.
Where is this conventional restaurant located?
The property is located at 7601 Troy Pike Dayton, OH.
What are key features of this property?
This property features: 20‑year absolute NNN lease with 7.5% increases every 5 years; Brand‑new construction featuring the latest IHOP prototype design; Outparcel to a high‑volume Kroger‑anchored shopping center
