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79 Plaza Pky
Lexington, NC 27292 Davidson

$2,160,000 USD

Restaurant For Sale  •  4,400 SF

Property Details

• Property Type Restaurant
• Total Building Size 4,526 SF
• Lot Size 1.25 AC
• Building Class B
• Year Built 2024
• Cap Rate 6.25 %
• Tenancy Single
• Zoning B

30 Walk Score

Highlights

Absolute NNN Lease: No landlord obligations

Initial Term: 15 years (Brand New)

Increases: 10% every 5 years

Options: Three (3) 5-year renewal options

Operator: Suncakes, LLC (Sun Holdings Subsidiary)

Sun Holdings: 2nd Largest U.S. Franchisee | 1,500+ Locations | 13 Countries

Cap Rate:

6.25 %

Major Tenants

Tenant	SF Occupied	Lease End Date
IHOP	4,526 SF	9/30/2039

Amenities

• Pylon Sign
• Restaurant
• Signage
• Air Conditioning

Public Transportation

Airport	Drive	Walk	Distance
Piedmont Triad International	53 min	-	40.6 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Type:	Surface
Included in Rent:	Yes