Net Leased IHOP
900 Longpine Rd Burlington, NC 27215
For Sale
$1,795,000
Single-tenant IHOP net lease includes a renovated 1994-built restaurant on a 1.16-acre site.
Property Size4,790 SF
Lot Size1.16 Acres
Price / SF$374.74
Days on Market16
Property Features for 900 Longpine Rd
General Information
- Standard status
- Active
- Size
- 4,790 SF
- Lot size
- 1.16 Acres
- Property subtype
- Restaurant
Listing Agency:
Marcus & Millichap - Raleigh
(919) 674-1104
Listed By:
Donald Gilchrist · License #License(s): NC: 241055
(919) 674-1104
Source:
Marcusmillichap
Added: Jul 8
Changed: Jul 22
Last Checked: Jul 23 at 2:34AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Raleigh
Investment Insights
Based on property information with market context.
This single-tenant net leased IHOP restaurant features a 4,790-square-foot building constructed in 1994 and subsequently renovated with contemporary interior furnishings and fixtures. The property sits on a 1.16-acre site and has been operating for thirty years at the location.
The restaurant is positioned at the intersection of I-85/40 and Huffman Mill Rd. Traffic counts at the intersection are reported at 133,000 vehicles per day, with Huffman Mill Rd frontage traffic of 18,000 vehicles per day.
The lease guarantor and operator is Suncakes, LLC, a 34-unit IHOP franchise with locations in NC, VA, and SC. Suncakes is owned by Sun Holding.
The restaurant is positioned at the intersection of I-85/40 and Huffman Mill Rd. Traffic counts at the intersection are reported at 133,000 vehicles per day, with Huffman Mill Rd frontage traffic of 18,000 vehicles per day.
The lease guarantor and operator is Suncakes, LLC, a 34-unit IHOP franchise with locations in NC, VA, and SC. Suncakes is owned by Sun Holding.
Key Highlights
- Single‑tenant IHOP net leased restaurant on 1.16 acres in Burlington, NC
- 4,790 SF restaurant building constructed in 1994 and since renovated with contemporary interior furnishings and fixtures
- Operating IHOP location with 30 years at the site
Property Analytics
Location Intelligence
Current Use by Public Records
IHOP
Restaurant
Pardon My Cheesesteak
Restaurant
FAQs
What type of property is this?
Conventional restaurant - Single-tenant IHOP net lease includes a renovated 1994-built restaurant on a 1.16-acre site.
Where is this conventional restaurant located?
The property is located at 900 Longpine Rd Burlington, NC.
What is the asking price?
The asking price for this property is $1,795,000.
What are key features of this property?
This property features: Single‑tenant IHOP net leased restaurant on 1.16 acres in Burlington, NC; 4,790 SF restaurant building constructed in 1994 and since renovated with contemporary interior furnishings and fixtures; Operating IHOP location with 30 years at the site
