Stock Price (Parent Company)
Tenant News (Parent Company)
Average Cap Rate Trend
12 mo avg with 10+ yr lease term (*Please Note Data Points Are Approximated & Based On Opinion*)
Average Sale Data & Lease Structure
Avg. Sale Price$2,500,000
Avg. Annual Rent$160,000
Avg. Price/SF$500/SF
Typical Lease TypeTriple Net
Typical Lease Term20 Years
Typical Lease Escalations10% Every 5 Years
Credit Rating
S & PN/A

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Tenant Description

IHOP, formerly known as The International House of Pancakes, is a United States based restaurant chain that specializes in breakfast foods. It is franchised and operated by by Glendale, California based International House of Pancakes, LLC and its affiliates. International House of Pancakes, LLC is a wholly-owned subsidiary of DineEquity, Inc.

What To Look For When Buying An IHOP

Store Sales, Real Estate Intrinsics, Strength Of Guarantor On The Lease

What We Like About IHOP

Increases In Primary Term Of Lease, Easy Footprint To Re-Tenant



What Is Sold In An IHOP

While IHOP’s focus is on breakfast foods (pancakes specifically), it also offers a menu of lunch and dinner items.

IHOP Website


Corporate Office Location

450 North Brand Blvd. – Glendale, California 91203

Fast Facts

As of January 2019 IHOP operates 2000+ stores, 90% of which are operated by franchisees.

Many of its locations are open 24 hours a day, 7 days a week

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