Denny's NNN Property For Sale
This offering presents an excellent opportunity to acquire a net-leased Denny's property. Denny's is a well-established American diner-style restaurant chain with over 1,700 locations globally, known for its 24/7 operations, offering breakfast, lunch, and dinner. The brand has a strong franchising model, with most locations being franchisee-owned. The property features a long-term NNN lease, providing a stable income stream for investors.
- Asking price $2.50M
- 6.05% cap rate
- NOI $150,000
- 20 years remaining
- NNN lease
- Building size: 4,500 SF
- Lot size: 1.00 acres
- Rent increases: Various escalations are in place.
- Guarantor: Corporate
Asset type: Restaurant