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

Denny's | Glendale, AZ

, For Sale.

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

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