Restaurant
Denny's
1710 W 6th St, The Dalles, OR 97058
Listing Price: $2,120,000
Investment Overview
Marcus & Millichap has been exclusively chosen to market Denny's, located in The Dalles, Oregon, a well-established property with a long-term tenant since 2004. The lease was recently extended through 2040 under a 20-year absolute net structure, ensuring minimal landlord responsibilities. The 5,017-square-foot restaurant sits on a 0.85-acre lot with ample parking and operates 24/7 on weekends, serving both locals and travelers. Conveniently located directly off I-84, this Denny’s benefits from high traffic volumes, making it a prime stop for those traveling through the region.
A full remodel of over $500,000 of the property is scheduled for July 2025, with the tenant overseeing a comprehensive renovation of both interior and exterior spaces. The scope includes new exterior paint, LED accent lighting, upgraded signage, and significant interior improvements to dining, gaming, kitchen, and restroom areas. As part of this remodel, the tenant will also be replacing the roof and providing a 50-year roof warranty, further enhancing the long-term value and stability of the asset. These upgrades will modernize the facility, improve the guest experience, and reinforce Denny’s competitive advantage in The Dalles, a key gateway to the Columbia Gorge with limited nearby competition and a steady flow of visitors and residents alike.
Denny's
Investment Highlights
- Anchored by a tenant since 2004 with a lease through 2040, the absolute NNN lease offers minimal landlord duties and stable income.
- A full remodel in July 2025 will upgrade interior and exterior spaces, modernize the restaurant, elevate guest experience, and boost curb appeal.
- As part of the remodel, the tenant will install a new roof with a 50-year warranty, reducing future capital expenses and adding long-term asset value.
- Located off I-84 in The Dalles, this Denny's sees high traffic, limited competition, and strong visibility—well-positioned as a key stop near the Columbia Gorge.
Exclusively Listed By
Financing By
Listing Price: $2,120,000
Investment Highlights
- Anchored by a tenant since 2004 with a lease through 2040, the absolute NNN lease offers minimal landlord duties and stable income.
- A full remodel in July 2025 will upgrade interior and exterior spaces, modernize the restaurant, elevate guest experience, and boost curb appeal.
- As part of the remodel, the tenant will install a new roof with a 50-year warranty, reducing future capital expenses and adding long-term asset value.
- Located off I-84 in The Dalles, this Denny's sees high traffic, limited competition, and strong visibility—well-positioned as a key stop near the Columbia Gorge.
Investment Overview
Marcus & Millichap has been exclusively chosen to market Denny's, located in The Dalles, Oregon, a well-established property with a long-term tenant since 2004. The lease was recently extended through 2040 under a 20-year absolute net structure, ensuring minimal landlord responsibilities. The 5,017-square-foot restaurant sits on a 0.85-acre lot with ample parking and operates 24/7 on weekends, serving both locals and travelers. Conveniently located directly off I-84, this Denny’s benefits from high traffic volumes, making it a prime stop for those traveling through the region. A full remodel of over $500,000 of the property is scheduled for July 2025, with the tenant overseeing a comprehensive renovation of both interior and exterior spaces. The scope includes new exterior paint, LED accent lighting, upgraded signage, and significant interior improvements to dining, gaming, kitchen, and restroom areas. As part of this remodel, the tenant will also be replacing the roof and providing a 50-year roof warranty, further enhancing the long-term value and stability of the asset. These upgrades will modernize the facility, improve the guest experience, and reinforce Denny’s competitive advantage in The Dalles, a key gateway to the Columbia Gorge with limited nearby competition and a steady flow of visitors and residents alike.
Exclusively Listed By
Financing By
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