Brand new 15-year Absolute NNN lease with attractive 10% rental escalations every 5 years with three 5-year options to renew. |
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 |
Located in dominant retail corridor (pad site to a Walmart Anchored Shopping Center) on a large ±1.325-acre lot with great visibility/access |
Traffic counts of 32,018 CPD (just north of I-40 with traffic counts of 59,421 CPD) |
2024 DEMOGRAPHICS: Total Population (5-MI): 48,019 | Average Household Income (1-MI): $88,382 |