IHOP Portfolio Sale/Leaseback Totals $13.1 Million

Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, announced the sale/leaseback of five International House of Pancakes restaurants in Indiana. The total sales price is $13,148,014. “Utilizing our extensive database, we sourced the perfect all-cash private capital buyer and provided the seller…