444 Quaker Ln
Warwick, RI 02886
Denny's · Retail Property For Sale

SAB Capital, on behalf of ownership, is pleased to exclusively offer the single tenant property located at 444 Quaker Lane, Unit 3, Warwick, RI with strong tenancy from a national tenant. The property totals 4,000 square feet of rentable area and is situated on 0.62 acres of land. It is 100% leased to Denny's and operated by a local franchisor with ambitious growth potential within their industry. The tenant has recently completed a comprehensive renovation to the restaurant, underscoring a meaningful capital reinvestment and long-term commitment to the location. Denny's, headquartered in Spartanburg, SC, has over 1,300 locations nationwide. Prominently located in the Warwick submarket, the facility is in a bustling retail corridor in close proximity to Providence and is central to large populations that generate significant traffic and frequently visit this location.
Denny's recently executed a new NNN lease that expires in 2035, with two (2) five year extension options. The Denny's lease provides strong rental increases every five years during the base and option terms. This lease structure delivers predictable and growing cash flow to investors, and requires no landlord obligations, creating a truly passive ownership structure. The Denny's location operates as a full-service restaurant offering a broad menu of breakfast, lunch, dinner, and late-night dining options. This comprehensive service platform makes it a reliable and convenient dining hub for residents, travelers, and businesses throughout the greater Warwick and Providence metro area.
This offering represents a rare opportunity to acquire a long-term, passive net-leased restaurant investment in a strong New England retail corridor. Backed by a nationally recognized brand, a NNN lease structure, and contractual rent increases. This property delivers durable, inflation-resistant cash flow while preserving long-term intrinsic real estate value.