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This Retail Property is no longer advertised on LoopNet.ca.

3747 US Highway 431 N
Phenix City, AL 36867

Price Adjustment | IHOP | 20-Yr, NNN · Retail Property For Sale

Investment Highlights

  • • 20+ year operating history | New 20-year lease executed in the midst of COVID-19
  • • Fixed 7.50% rental increases every 5 years, starting November 2025 | 3% Annual rent increases in Options
  • • Bondable investment | Zero landlord responsibilities

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
5,844 SF
Building Class
C
Year Built
2005
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
0.96 AC
Zoning
O

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
05-03-05-01-002-003.004
Land Assessment
$127,195
Improvements Assessment
$173,303
Total Assessment
$300,498
  • Listing ID: 22142188

  • Date on Market: 2021-02-02

  • Last Updated:

  • Address: 3747 US Highway 431 N, Phenix City, AL 36867

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