This IHOP is located in Morristown, TN, approximately 40 miles northeast of Knoxville, TN. The property occupies a prominent position on US Highway 25E, with a traffic count over 27,150 cars per day. IHOP sits on an outparcel to a new Wal-Mart Supercenter, Hobby Lobby, Ross Dress for Less, Dollar Tree, and Pier One Imports. Other national retailers adjacent to the property include Blockbuster, Zaxby’s, Ruby Tuesday’s and Ryan’s Steakhouse.Directly across the street is College Square Mall (JCPenney, Belk, Kohl’s, and Proffits). Also located across the street is Walter’s State Community College with over 6,500 students, faculty and staff.

Tenant: IHOP Corporation
IHOP Corp. franchises and operates restaurants under the International House of Pancakes or IHOP, and Appleebee’s Neighborhood Grill and Bar brands. The company has more than 3,300 restaurants located in 49 states, the U.S. Virgin Islands, Canada and Mexico. IHOP restaurants are mostly franchised and are open 24 hours a day and best known for their pancakes, waffles, and French toast. The eateries also offer standard family fare (sandwiches, burgers, salads) for lunch and dinner. IHOP restaurants feature moderately priced, high-quality food and beverage items, and table service in an attractive and comfortable atmosphere. In November 2007, IHOP acquired the Applebee’s chain of restaurants for $2.1 billion making them the largest full-service restaurant company in the world.