Denny's NNN Property For Sale — Warrenton, MO
429 E. Veteran's Memorial Parkway, Warrenton, MO 63383
This Denny's property, constructed in 1998 and significantly renovated in 2006, is strategically located on the south service road of Interstate 70, approximately half a mile west of the State Road 47 / I-70 Interchange. The 5,265 square foot single-story building sits on a 91,759 square foot lot, offering excellent visibility from both the street and the Interstate, enhanced by a prominent monument sign. The location benefits from close proximity to a 62-room motel and a new mixed-use development featuring entertainment, retail, and automotive businesses, including a new 8-screen cinema opened in early 2007. Nearby generators include a Super Wal-Mart, AutoZone, Hardee's, Jack-in the Box, McDonald's, and other retailers. The surrounding area boasts an average household income over $42,000…
- Address: 429 E. Veteran's Memorial Parkway, Warrenton, MO 63383
- Asking price $1.54M
- 8.50% cap rate
- NOI $130,500
- 20 years remaining
- NNN lease
- Year built: 1998
- Building size: 5,265 SF
- Lot size: 2.11 acres
- Rent increases: 1.5% annual increases
- Guarantor: Corporate
Location
This Denny's property is at 429 E. Veteran's Memorial Parkway in Warrenton, Missouri.
Asset type: Restaurants