714 N US Highway 1 | Rockingham, NC 28379
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- LoopNet Team
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
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
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