8255 E. Raintree Dr, Suite 100 - Scottsdale, AZ 85260
info@retail1031.com
call us: 480-429-4580
Denny's | Glendale, AZsale

Denny's | Glendale, AZ

, For Sale.
$3,950,000

Investment Highlights

  • New 20 Year Lease Began 10/1/17

  • New Ikea & Topgolf Just Announced

  • Direct Visibility from Freeway

  • 1.5 miles to Gila River Arena (Home of the Arizona Coyotes)

  • Sales are Above National Average for Denny's

  • #1 Denny's in Arizona by Sales Volume

  • 1 mile to University of Phoenix Stadium (Home of the Arizona Cardinals)

  • Absolute NNN

    Zero Landlord Responsibilities

Investment Summary

CAP Rate: 5.36%
Lessee: Lion's Den Management, LLC
Building Size: ±4,948 Square Feet
Land Area: ±41,382 Square Feet
Lease Expiration: September 30th, 2037
Lease Options: 4 x 5 Year Options
NOI: $222,292
Lease Type: Absolute NNN Lease
Increases: 7.5% Every 5 Years
Guarantee: 6 Unit Entity

Contact Us

More Information

Fill out the following to download the Offering Memorandum (Red link will appear below the download button)

Property Map

Please enter your email address
about us
Contact Retail Investment Group for your single tenant sale-leaseback transaction needs.
Follow Us

Pin It on Pinterest

Share This