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

Denny's | Locust Grove, GA

, Sold.
$1,400,000

Investment Highlights

  • New 20 Year Absolute NNN Lease Commences at COE

  • 3 x 5 Year Options

  • 10% Increases Every 5 Years

  • 39 Unit Operator in Florida, Georgia, and Virginia

  • Located with Tanger Shopping Outlet that currently has over 67 Stores

  • Visibility from Highway 75 which has 73,400+ Vehicles per Day and located directly off of an Exit from Highway 75

  • Nearby retailers include Ingles Market, Taco Bell, Red Roof Inn, AutoZone, McDonald's, and Ramada by Wyndham

Investment Summary

Building Size: ±3,505 Square Feet
Land Area: ±38,768 Square Feet
Lease Expiration: December 31st, 2038
Lease Options: 3 x 5 Year Options
NOI: $85,000
Lease Type: Absolute NNN
Guarantee: RREMC Restaurants (15 Unit)
Increases: 10% Increases Every 5 Years
Ownership: Fee Simple

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More Information

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