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Denny's 26137 US Highway 70 3,910 SF Retail Building Ruidoso Downs, NM 88346 $2,075,398 CAD ($530.79 CAD/SF) 6% Cap Rate
INVESTMENT HIGHLIGHTS
- Long-term absolute NNN with just under 8 years remaining and ZERO landlord responsibilities
- Large Operator - WKS Restaurant Group is the parent company of the signing entity, Sunrise Restaurants (100+ Denny’s locations)
- Large ±1.0-acre lot with a ±3,910-square-foot building
- Largest Denny’s franchisee in the country
- Next 10% rent increase will be August 8, 2028
- Located off of US-70
EXECUTIVE SUMMARY
Retail Investment Group is pleased to offer for sale this Denny’s in Ruidoso Downs, New Mexico.
This opportunity features an absolute NNN with just under 8 years remaining.
Built in 1999, Denny’s has been operating at this location for approximately 26 years. This ±3,910-square-foot building sits on a large ±1.0-acre lot.
Brian Brockman - Broker
Lic: 20241
Bang Realty-New Mexico Inc
513.898.1551
bor@bangrealty.com
This opportunity features an absolute NNN with just under 8 years remaining.
Built in 1999, Denny’s has been operating at this location for approximately 26 years. This ±3,910-square-foot building sits on a large ±1.0-acre lot.
Brian Brockman - Broker
Lic: 20241
Bang Realty-New Mexico Inc
513.898.1551
bor@bangrealty.com
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,910 SF
Building Class
C
Year Built
1999
Price
$2,075,398 CAD
Price Per SF
$530.79 CAD
Cap Rate
6%
NOI
$124,523 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
1.00 AC
Zoning
C
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Denny's | 26137 US Highway 70
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