2425 Highway 93 N

Description

This prime commercial building with a long-term IHOP tenant, attractive lease terms, recent updates, and a strategic location in Kalispell presents an appealing investment opportunity in the rapidly growing Kalispell location. The primary lease term with IHOP has six years remaining, and is a nnn lease. One of the appealing aspects of this lease is that it includes attractive escalations. This means that the rent will increase over time, providing the potential for increased rental income. Furthermore, IHOP has the option to renew the lease for three additional 5-year terms. This provides potential for a long-term, stable income stream. The property is situated on 1.04 acres of land in a prime location in Kalispell. It features a fully equipped kitchen, a dining room, and ADA-compliant restrooms. The paved parking and security lighting enhance convenience and safety. Call Linda P 406-752-8883 or your real estate professional to view the property and for additional information. The building was constructed in 2004 and has recently undergone updates, ensuring that it meets modern standards and requirements. Its close proximity to prominent big box stores like Petco, Home Depot, Bed Bath & Beyond, Target, and Best Buy makes it highly visible and easily accessible to customers. This is particularly advantageous for attracting foot traffic and potential customers to the IHOP establishment. It is worth noting that Kalispell has been recognized as the fastest growing micropolitan area in America, highlighting the potential for growth and economic opportunities in the region. This factor further emphasizes the investment potential of the property.