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Denny's | 13-Yr NNN | 305+ Unit Operator 1535 E South St 4,185 SF Retail Building Globe, AZ 85501 $2,433,287 CAD ($581.43 CAD/SF) 6% Cap Rate

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INVESTMENT HIGHLIGHTS

Approximately 13 Year Term with a 305+ Unit Operator | Healthy Rent-to-Sales | Modern Denny’s Prototype
Prime Location in the Heart of Globe | High-Traffic Corridor
Strong Demographics In 5-mile Trade Area

Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
Proximity to City’s Largest Mixed-Use Development

EXECUTIVE SUMMARY

SRS Real Estate Partners-West, LLC is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN leased, Denny’s investment property located in Globe, Arizona. The tenant, Feast Restaurants, has 13 years remaining on the lease with four (5-year) options to extend, demonstrating long-term commitment to the site. The lease includes 10% rental increases every five years throughout the initial term and at the beginning of each option period, providing steadily growing net operating income and a strong hedge against inflation. The lease is absolute NNN with zero landlord responsibilities, offering an ideal, management-free investment opportunity for passive or out-of-state investors.

PROPERTY FACTS

Sale Type

Investment NNN

Sale Condition

Sale Leaseback

Property Type

Retail

Property Subtype

Fast Food

Building Size

4,185 SF

Building Class

Year Built

2018

Price

$2,433,287 CAD

Price Per SF

$581.43 CAD

Cap Rate

NOI

$145,997 CAD

Tenancy

Single

Building Height

1 Story

Building FAR

0.14

Lot Size

0.68 AC

Frontage

265’ on East South Street

Restaurant

Accommodation and Food Services
99,999 SF
$9.99
Lorem Ipsum
Jan 0000

For over 70 years, Denny’s has been a welcoming place where people can connect over great food. They're always open, always serving your favorites, and they're proud to be America's diner. They’re more than just customers or consumers. They’re their guests, and they invite them into their homes with open arms. They’re the very reason why they're in business, and they put them at the center of everything they do. Their Denny's family is their most important asset. They trust, support and respect each other and work together for the greater good. They recognize the contributions of all. They are the classic American diner and proud of everything that means. Since 1953, they've served quality food and healthy portions at a fair price. No matter where they are, their light is always on, inviting guests around the world into a place where everyone is welcome. At Denny’s, they're constantly looking ahead. They're always moving, striving for more, hungry for greatness.