Albert Lopez, a senior retail specialist at Progressive Real Estate Partners, successfully represented the landlord in securing a 20-year lease with International House of Pancakes (IHOP) for a 5,020-square-foot space located at 17398 Main St. in Hesperia. The building was previously occupied by Country Kitchen/Carrows and is situated as an outparcel to the shopping center anchored by Vallarta and Dollar Tree. Meran Joe Solamany from Keller Williams Realty Westside acted as the representative for IHOP.
The franchisee leasing this particular IHOP location is Soleimani Group, which currently operates over 30 other IHOP restaurants and has been a franchisee since 2005. They have plans to undergo significant renovations both inside and outside of the building to align with the iconic brand’s image before opening their doors sometime between late-2024 or early-2025.
In addition to Vallarta and Dollar Tree, other notable retailers within close proximity include Firestone Tire, Ace Hardware,Walgreens Auto Zone Chase Jack in the Box,and Wendy’s.The property also boasts an impressive demographic profile with over152000 residents living within just fifteen minutes away who have an average household income exceeding $87k.This prime location presents immense potential for success for all parties involved.
