Skip to main content

Restaurant

Vacant Denny's | Big Spring, TX

1710 E 3rd St, Big Spring, TX 79720

Listing Price: $600,000

Cap Rate
7.50%
Tenant Name
Owner User/Vacant
Gross SF
4,303
Guarantor
No Guarantee
Rentable SF
4,303
Price/Gross SF
$139.44
Lease Type
Triple Net (NNN)

Investment Overview

Marcus & Millichap is pleased to present its Broker Opinion of Value for the vacant Denny’s located at 1710 E 3rd Street in Big Spring, Texas. This freestanding building will be delivered vacant at the close of escrow, providing immediate flexibility for new ownership to occupy, renovate, or reposition the asset for various retail, restaurant, or service-based uses. The availability of a recognizable, second-generation restaurant facility presents a rare opportunity for an owner-operator to secure a move-in-ready space with minimal disruption and redevelopment delays.

The property is strategically located in a high-visibility area just off Interstate 20, one of the region's busiest highways, with over 24,000 vehicles passing by each day. It also boasts prime frontage along E 3rd Street, a major east-west thoroughfare in Big Spring, ensuring consistent visibility for both local drivers and interstate travelers. A significant advantage of this location is its proximity to Howard College, which enrolls more than 4,000 students and is less than a mile away. This close distance encourages steady consumer traffic, especially for foodservice businesses. With existing restaurant infrastructure already in place, investors or operators could take advantage of the current layout to minimize redevelopment costs and speed up their time to market. Additionally, the property's visibility from I-20 enhances its attractiveness to transient customers such as long-haul drivers, oilfield workers, and business travelers passing through Big Spring. This increases its potential to serve as a quick-service, casual dining or convenience destination.

Investment Highlights

  • Vacant Owner-User Opportunity | Deliverable as Vacant Upon Close of Escrow
  • Priced Significantly Below Replacement Cost | Price Per SF of $139.43
  • Prime Frontage Along E 3rd Street (4,000 VPD) and Immediately Access from I-20 (24,000 VPD)
  • Less than One Mile from Howard College | Over 4,000 Students Enrolled

Exclusively Listed By

Financing By

Restaurant

Vacant Denny's | Big Spring, TX

Listing Price: $600,000

Cap Rate
7.50%
Tenant Name
Owner User/Vacant
Gross SF
4,303
Guarantor
No Guarantee
Rentable SF
4,303
Price/Gross SF
$139.44
Lease Type
Triple Net (NNN)

Investment Highlights

  • Vacant Owner-User Opportunity | Deliverable as Vacant Upon Close of Escrow
  • Priced Significantly Below Replacement Cost | Price Per SF of $139.43
  • Prime Frontage Along E 3rd Street (4,000 VPD) and Immediately Access from I-20 (24,000 VPD)
  • Less than One Mile from Howard College | Over 4,000 Students Enrolled

Investment Overview

Marcus & Millichap is pleased to present its Broker Opinion of Value for the vacant Denny’s located at 1710 E 3rd Street in Big Spring, Texas. This freestanding building will be delivered vacant at the close of escrow, providing immediate flexibility for new ownership to occupy, renovate, or reposition the asset for various retail, restaurant, or service-based uses. The availability of a recognizable, second-generation restaurant facility presents a rare opportunity for an owner-operator to secure a move-in-ready space with minimal disruption and redevelopment delays. The property is strategically located in a high-visibility area just off Interstate 20, one of the region's busiest highways, with over 24,000 vehicles passing by each day. It also boasts prime frontage along E 3rd Street, a major east-west thoroughfare in Big Spring, ensuring consistent visibility for both local drivers and interstate travelers. A significant advantage of this location is its proximity to Howard College, which enrolls more than 4,000 students and is less than a mile away. This close distance encourages steady consumer traffic, especially for foodservice businesses. With existing restaurant infrastructure already in place, investors or operators could take advantage of the current layout to minimize redevelopment costs and speed up their time to market. Additionally, the property's visibility from I-20 enhances its attractiveness to transient customers such as long-haul drivers, oilfield workers, and business travelers passing through Big Spring. This increases its potential to serve as a quick-service, casual dining or convenience destination.

Exclusively Listed By

Financing By

MM Texture Background
MM Textured Background Lower