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714 N US Highway 1
Rockingham, NC 28379

IHOP - ROCKINGHAM, NC · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Brand new 15-year Absolute NNN lease with attractive 10% rental escalations every 5 years with three 5-year options to renew
  • Located in dominant retail corridor (pad site to a Walmart Shopping Center) on a large ±1.57-acre lot with great visibility/access
  • 2024 DEMOGRAPHICS: Total Population (5-MI): 29,972 | Average Household Income (1-MI): $67,173
  • Suncakes, LLC is a 34-unit operator wholly owned by Sun Holdings (2nd largest franchisee in the U.S.) with over 1,500 units across multiple brands
  • Traffic counts of 25,166 CPD!

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
5,780 SF
Year Built
2024
Building Height
1 Story
Building FAR
0.08
Lot Size
1.57 AC
Zoning
C - Commercial
Parking
111 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
218’ on E US Hwy 74

AMENITIES

  • Pylon Sign
  • Restaurant
  • Security System
  • Signage
  • Signalized Intersection
  • Tenant Controlled HVAC
  • Air Conditioning
  • Listing ID: 33476530

  • Date on Market: 2024-10-10

  • Last Updated:

  • Address: 714 N US Highway 1, Rockingham, NC 28379

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