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Restaurant

Denny's I 12+ Year Lease I Huge Traffic

4390 US-27, Sebring, FL 33870

Listing Price: $2,220,400

Cap Rate
5.50%
Tenant Name
Denny's
Years Remaining On Lease
12.7
Guarantor
Franchisee Guarantee
Rentable SF
5,005
Lease Type
Absolute Net
Rent Per Square Feet
$24.40

Investment Overview

Absolute NNN Denny’s Located on a Heavily Trafficked Intersection of US Highway 27 (42,500 Vehicles Per Day (VPD)) and Keiber Boulevard in Sebring, Highlands County, Florida. Denny’s Has Nearly Thirteen Years Remaining in the Base Term of Their Lease in Addition to 10 Percent Rent Increases Every 5-Years as a Hedge Against Inflation Making This a High Quality Passive Investment. Lease Guaranteed by EYM Diner - a Highly Reputable and Experienced Operator of Denny’s Dining Restaurants in Both Texas and Florida Since 2012 with 28 Units Currently Operating. Strategic Location in Front of Holiday in Express Across from the Entrance to Tanglewood, a 350 Acre Gated Community for Active Retirees Providing a Secure, Built in Customer Base. Surrounded by a Host of the Nation’s Most Successful National Retailers Including Publix, Walmart, WinnDixie, Ross Dress for Less, Michaels Marshalls, and McDonalds, Among Many Others. Area Projected to Experience Robust Population Growth Estimated at Over Five Percent Between 2023 and 2028 Within a One-Mile Radius with Over 44,000 People Living in a 5-Mile Radius

Investment Highlights

  • Absolute NNN Denny's w/No Landlord Responsibilities
  • Long Term Lease Providing Ideal Passive Investment
  • Strong Franchisee Guarantee
  • Hotel Anchored Site Within Dense Residential Node
  • Positioned Within a Highly Active Retail Corridor
  • Strong Population Growth and Demographics

Exclusively Listed By

Broker of Record

  • Ryan Nee

    Senior Vice President/ Division Manager

    (954) 245-3400

    License(s) FL: BK3154667

    Florida

Financing By

Restaurant

Denny's I 12+ Year Lease I Huge Traffic

Listing Price: $2,220,400

Cap Rate
5.50%
Tenant Name
Denny's
Years Remaining On Lease
12.7
Guarantor
Franchisee Guarantee
Rentable SF
5,005
Lease Type
Absolute Net
Rent Per Square Feet
$24.40

Investment Highlights

  • Absolute NNN Denny's w/No Landlord Responsibilities
  • Long Term Lease Providing Ideal Passive Investment
  • Strong Franchisee Guarantee
  • Hotel Anchored Site Within Dense Residential Node
  • Positioned Within a Highly Active Retail Corridor
  • Strong Population Growth and Demographics

Investment Overview

Absolute NNN Denny’s Located on a Heavily Trafficked Intersection of US Highway 27 (42,500 Vehicles Per Day (VPD)) and Keiber Boulevard in Sebring, Highlands County, Florida. Denny’s Has Nearly Thirteen Years Remaining in the Base Term of Their Lease in Addition to 10 Percent Rent Increases Every 5-Years as a Hedge Against Inflation Making This a High Quality Passive Investment. Lease Guaranteed by EYM Diner - a Highly Reputable and Experienced Operator of Denny’s Dining Restaurants in Both Texas and Florida Since 2012 with 28 Units Currently Operating. Strategic Location in Front of Holiday in Express Across from the Entrance to Tanglewood, a 350 Acre Gated Community for Active Retirees Providing a Secure, Built in Customer Base. Surrounded by a Host of the Nation’s Most Successful National Retailers Including Publix, Walmart, WinnDixie, Ross Dress for Less, Michaels Marshalls, and McDonalds, Among Many Others. Area Projected to Experience Robust Population Growth Estimated at Over Five Percent Between 2023 and 2028 Within a One-Mile Radius with Over 44,000 People Living in a 5-Mile Radius

Exclusively Listed By

Broker of Record

  • Ryan Nee

    Senior Vice President/ Division Manager

    (954) 245-3400

    License(s): FL: BK3154667

    Florida

Financing By

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