IHOP Net Lease

2529 South Canal Street, Carlsbad, NM 88220

  • For Sale $2,590,000
  • Property Type Other
  • Additional Rent Contact for pricing
  • Year Built 2011
  • Date Updated Dec 24, 2024

Avison Young is pleased to present the opportunity to acquire the single-tenant IHOP on fee simple land located at 2529 South Canal Street in Carlsbad, New Mexico. The subject property is located near the intersection of Highway 285 and Highway 62, in an area with a high density of hotels and inns. IHOP currently has 14 years remaining on the lease with two, five-year options to exercise. This is an excellent opportunity to acquire a stable investment operated by a multi-unit franchisee.

This location is currently part of a five-property portfolio. All five IHOP locations are for sale and can be purchased as a portfolio if desired. Contact brokers for more information.

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Highlights

  • 4,993 SF building on 39,000 SF of fee simple land
  • Operated as an IHOP by a multi-unit franchisee
  • 14 years remaining on lease, and two five-year options
  • Located within two (2) miles over 15 hotels, motels, and inns including a Fairfield Inn, Best Western, La Quinta Inn, Residence Inn Hotel & Hampton Inn
  • Excellent location surrounded by synergistic national retailers such as: Walmart, Verizon, Subway, and Sallys Beauty

Contacts

broker
Chris Maling

Avison Young - US - CA - Los Angeles

broker
David Maling

Avison Young - US - CA - Los Angeles

Location

Getting Around

  • Walk Score ®

    33/100 Car-Dependent

  • Bike Score ®

    51/100 Bikeable
Powered by Walk Score ®
  • City Carlsbad, NM
  • Zip Code 88220

Points of Interest

  • Southwest LP Gas

    0.26 miles

  • USA Gasoline

    0.29 miles

  • Shell

    0.30 miles

  • Murphy Express

    0.32 miles

  • Shamrock

    0.33 miles

  • Allsup's

    0.51 miles

  • Chevron

    0.90 miles

  • Exxon

    1.91 miles

  • DK

    2.12 miles

  • Library Parking

    2.09 miles

  • PD Parking

    2.20 miles

  • Fairfield Inn & Suites Carlsbad

    0.06 miles

  • Hampton Inn and Suites

    0.35 miles

  • Carlsbad Inn

    0.56 miles

  • Royal Manor Motel

    0.61 miles

  • Corporate Hospitality Housing - Carlsbad Lodge

    0.65 miles

  • Home2 Suites by Hilton Carlsbad

    0.71 miles

  • Best Western Stevens Inn

    0.72 miles

  • Stagecoach Inn

    0.84 miles

  • Hometown Inn + Kitchen

    1.02 miles

  • Baymont

    1.09 miles

  • IHOP

    0.00 miles

  • Subway

    0.12 miles

  • Pizza Inn

    0.16 miles

  • Chili's

    0.34 miles

  • Dragon China Buffet

    0.45 miles

  • Tina's Mexican Cafe

    0.62 miles

  • La Regia

    0.87 miles

  • Sno To Go

    0.92 miles

  • Rosy's Mexican Resaurant

    1.03 miles

  • Pizza Hut

    1.20 miles

  • Pate Elementary School

    0.24 miles

  • Doctor Emitt M Smith Preschool

    0.47 miles

  • Desert Willow Elementary School

    0.62 miles

  • Craft Elementary School

    1.70 miles

  • Joe Stanley Smith Elementary School

    2.27 miles

  • Eddy County Beauty College

    2.32 miles

  • Eddy Alternative School

    2.33 miles

  • Alta Vista Middle School

    2.42 miles

  • Jefferson Montessori Academy

    2.70 miles

  • P R Leyva Junior High School

    2.79 miles

  • Southeast New Mexico Community Action Corporation

    0.86 miles

  • Early Childhood Education Center

    2.32 miles

  • Kidz inc.

    2.35 miles

Frequently Asked Questions

How much does IHOP Net Lease cost?

The space currently listed for sale at IHOP Net Lease asks for $2,590,000.

What is the total square footage of IHOP Net Lease?

IHOP Net Lease totals 464 square feet.

When was this property built?

IHOP Net Lease was built in 2011.

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Contact IHOP Net Lease