tag:blogger.com,1999:blog-579719431387122896.post7494184038277219434..comments2024-03-18T21:36:59.045-04:00Comments on Tomorrow's News Today - Atlanta: IHOP Shutters its Buckhead Restaurant Atlantan99http://www.blogger.com/profile/06115362060612910966noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-579719431387122896.post-43156215067156099952014-06-12T20:31:18.018-04:002014-06-12T20:31:18.018-04:00Bank of America does not own the IHOP. Nor does Bn...Bank of America does not own the IHOP. Nor does BnA own their own bank building. The 1.5 acre property is a NNN Ground Lease with Bank of America as the primary tenant and then having subleasing rights to the IHOP building.atl2arctichttps://www.blogger.com/profile/03642931293535974778noreply@blogger.comtag:blogger.com,1999:blog-579719431387122896.post-70498303049473062422014-06-12T20:28:41.198-04:002014-06-12T20:28:41.198-04:00Bank of America does not own the property, nor do ...Bank of America does not own the property, nor do they own the bank property. The 1.5 acre tract is a NNN Ground lease. atl2arctichttps://www.blogger.com/profile/03642931293535974778noreply@blogger.comtag:blogger.com,1999:blog-579719431387122896.post-70202810776155271242013-01-09T07:16:01.254-05:002013-01-09T07:16:01.254-05:00Why would anyone want to live there without an IHO...Why would anyone want to live there without an IHOP?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-579719431387122896.post-31497449584861045062013-01-02T10:19:41.995-05:002013-01-02T10:19:41.995-05:00I'm not sure Buckhead can sustain another new ...I'm not sure Buckhead can sustain another new apartment development given the current pipeline. I'm also tired of apartments just being plopped down wherever with no sense of place. If more apartments are to be built in Buckhead it needs to be on that giant plot of land at E. Paces Ferry and Roxboro.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-579719431387122896.post-17130972361016776592012-12-31T10:08:45.311-05:002012-12-31T10:08:45.311-05:00It kills me that they're just gonna set up mor...It kills me that they're just gonna set up more apartments around the space. I understand Buckhead is a desirable area but CMON! Places like Dante's doesn't need to be wrecked just so property companies can charge people $2K/month for a closet sized apartment. I'm so over it.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-579719431387122896.post-3899019274626119442012-12-30T16:05:33.932-05:002012-12-30T16:05:33.932-05:00IHOP Buckhead did well and was one of the most suc...IHOP Buckhead did well and was one of the most successful in the metro but given the likelihood that in about a years time they would have to close, the owners opted to go ahead and call it quits. I'm sure the lease factored in to their decision given they could probably do more development otp and invest in newer projects. <br /><br />Hope this helps.<br /><br />Thanks for reading and happy New Year!Atlantan99https://www.blogger.com/profile/06115362060612910966noreply@blogger.comtag:blogger.com,1999:blog-579719431387122896.post-59544308304929550822012-12-30T16:00:43.355-05:002012-12-30T16:00:43.355-05:00I'm kind of baffled. Why is he closing it if ...I'm kind of baffled. Why is he closing it if it's a sales leader? Or is it far from being a profit leader (due to rent)?mindspringyahoohttps://www.blogger.com/profile/04916299133467799390noreply@blogger.com