Skip to main content

Restaurant

Denny's

4121 W Anthem Way, Anthem, AZ 85086

Listing Price: $2,181,000

Cap Rate
5.25%
Tenant Name
SAS Restaurant Ventures, Inc.
Years Remaining On Lease
9.5
Gross SF
3,983
Guarantor
Franchisee Guarantee
Rentable SF
3,983
Price/Gross SF
$547.58
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$28.74

Investment Overview

Denny’s (NASDAQ: DENN) is a full-service fast-casual family restaurant chain, with over 1,600 restaurants to date. It is known for always being open - serving breakfast, lunch, dinner, and dessert around the clock. The first Denny’s was opened in 1953 in Lakewood, California, under the name Danny’s Donuts. In 1959, the then 20-restaurant chain, changed its name to Denny’s. Anthem is an unincorporated master-planned community in north central Maricopa County within the Phoenix metropolitan area. The community, with a population of over 27,000 residents, was founded by Del Webb in 1999 and initially built out in 2008. Over the years, Anthem has been recognized with awards and accolades from regional and national organizations and publications.

Investment Highlights

  • Absolute Triple-Net (NNN) Lease with 9.5 Years Remaining - 37-Plus Unit Franchisee
  • Seven Percent Rental Increases Every Five Years
  • 18-Plus Year Operating History - Tenant has Occupied the Site Since 2004
  • 46,816 Residents within a Five-Mile Radius - Phoenix MSA
  • Situated within the Growing Anthem Master-Planned Community - Households and Population Projected to Increase 10-11 Percent in the Immediate Area by 2026
  • Highly Visible Location Along Anthem Way (20,500-Plus Vehicles per Day)
  • Directly Across from the Outlets at Anthem
  • Situated Immediately Off the Interstate 17 (60,400-Plus Vehicles per Day), a Major Phoenix Area Connector

Exclusively Listed By

Broker of Record

  • Ryan Sarbinoff

    First Vice President/Regional Manager

    (602) 687-6700

    License(s) AZ: BR675146000

    Arizona

Financing By

Listing Price: $2,181,000

Cap Rate
5.25%
Tenant Name
SAS Restaurant Ventures, Inc.
Years Remaining On Lease
9.5
Gross SF
3,983
Guarantor
Franchisee Guarantee
Rentable SF
3,983
Price/Gross SF
$547.58
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$28.74

Investment Highlights

  • Absolute Triple-Net (NNN) Lease with 9.5 Years Remaining - 37-Plus Unit Franchisee
  • Seven Percent Rental Increases Every Five Years
  • 18-Plus Year Operating History - Tenant has Occupied the Site Since 2004
  • 46,816 Residents within a Five-Mile Radius - Phoenix MSA
  • Situated within the Growing Anthem Master-Planned Community - Households and Population Projected to Increase 10-11 Percent in the Immediate Area by 2026
  • Highly Visible Location Along Anthem Way (20,500-Plus Vehicles per Day)
  • Directly Across from the Outlets at Anthem
  • Situated Immediately Off the Interstate 17 (60,400-Plus Vehicles per Day), a Major Phoenix Area Connector

Investment Overview

Denny’s (NASDAQ: DENN) is a full-service fast-casual family restaurant chain, with over 1,600 restaurants to date. It is known for always being open - serving breakfast, lunch, dinner, and dessert around the clock. The first Denny’s was opened in 1953 in Lakewood, California, under the name Danny’s Donuts. In 1959, the then 20-restaurant chain, changed its name to Denny’s. Anthem is an unincorporated master-planned community in north central Maricopa County within the Phoenix metropolitan area. The community, with a population of over 27,000 residents, was founded by Del Webb in 1999 and initially built out in 2008. Over the years, Anthem has been recognized with awards and accolades from regional and national organizations and publications.

Exclusively Listed By

Broker of Record

  • Ryan Sarbinoff

    First Vice President/Regional Manager

    (602) 687-6700

    License(s): AZ: BR675146000

    Arizona

Financing By

MM Texture Background
MM Textured Background Lower