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

Denny's | Salem, VA

, Sold.
$1,475,000

Investment Highlights

  • New 20 Year NNN Lease Commences at COE

  • 3 x 5 Year Options

  • ±2 Miles to Roanoke College which has 2,000+ students and 400+ faculty members

  • 135' on W Main Street with 23,000+ VPD

  • ±9 Miles from the Roanoke Blacksburg Regional Airport which sees 610,000+ passengers per year

  • ±2 Miles from the Kroger Distribution Center

Investment Summary

Lessee:RREMC Restaurants (15 Unit)
Building Size: ±6,000 Square Feet
Land Area: ±38,768 Square Feet
Lease Expiration: December 31st, 2038
Lease Options: 3 x 5 Year Options
NOI: $90,000
Lease Type: Absolute NNN
Guarantee: RREMC Restaurants
Ownership: Fee Simple

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More Information

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