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72248 Varner Rd
Thousand Palms, CA 92276
Denny's · Retail Property For Sale

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INVESTMENT HIGHLIGHTS

  • Denny’s Corporation is one of America’s largest full-service restaurant chains based on number of restaurants
  • Single-tenant NNN lease investment

EXECUTIVE SUMMARY

This single-tenant net lease investment offers a secure 20-year lease term, with the lease set to expire on July 31, 2036. The property features a ±5,292 square-foot building situated on a ±35,719 square-foot lot (approximately 0.82 acres). Rent increases of 5% occur every 30 months, providing steady income growth. Originally constructed in 2002, the building includes 61 surface parking spaces, offering an excellent parking ratio of 10.00 per 1,000 square feet. The property is equipped with a wet sprinkler system and is zoned C-P-S.
Denny’s Corporation is one of America’s largest full-service restaurant chains based on the number of locations. As of June 25, 2025, the company operated a total of 1,558 restaurants, including 1,474 franchised and licensed locations and 84 company-operated units. The corporation encompasses two brands: Denny’s and Keke’s. The Denny’s brand included 1,484 restaurants worldwide, with 1,422 franchised and licensed locations and 62 company-operated restaurants. The Keke’s brand comprised 74 restaurants, of which 52 were franchised and 22 were company operated.

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,292 SF
Building Class
B
Year Built
2002
NOI
$171,836 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
0.82 AC
Zoning
C-P-S: Scenic Hwy. Coml. - This zoning district allows for a wide variety of commercial uses.
Parking
61 Spaces (11.53 Spaces per 1,000 SF Leased)

AMENITIES

  • Pylon Sign
  • Restaurant
  • Signalized Intersection

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
650-090-036
Land Assessment
$641,066 CAD
Improvements Assessment
$2,564,264 CAD
Total Assessment
$3,205,329 CAD
  • Listing ID: 37709128

  • Date on Market: 2025-09-17

  • Last Updated:

  • Address: 72248 Varner Rd, Thousand Palms, CA 92276

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