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Restaurant

DENNY'S 20-YEAR ABSOLUTE NET (NNN) - Espanola NM

1317 N Riverside Dr., Espanola, NM 87532

Listing Price: $3,431,609

Cap Rate
5.25%
Tenant Name
Franchisee
Gross SF
4,503
Guarantor
Franchisee Guarantee
Rentable SF
4,503
Price/Gross SF
$762.07
Lease Type
Absolute Net
Rent Per Square Feet
$40.01

Investment Overview

Denny's is America's diner. Harold Butler and Richard Jezak opened a donut stand in 1953 and called it Dannys Donuts. Butlers stated promise was To serve the best cup of coffee, make the best donuts, give the best service, offer the best value and stay open 24 hours a day.
Today that donut stand is a restaurant chain with a slightly different name, over 1,700 locations and a proven reputation for keeping Mr. Butlers original promise.

Investment Highlights

  • Absolute Triple Net
  • Zero Landlord Responsibilites
  • 20 Year Term

Exclusively Listed By

Broker of Record

  • Matt Reeves

    Senior Associate

    (505) 445-6333

    License(s) NM: 19583

    New Mexico

Restaurant

DENNY'S 20-YEAR ABSOLUTE NET (NNN) - Espanola NM

Listing Price: $3,431,609

Cap Rate
5.25%
Tenant Name
Franchisee
Gross SF
4,503
Guarantor
Franchisee Guarantee
Rentable SF
4,503
Price/Gross SF
$762.07
Lease Type
Absolute Net
Rent Per Square Feet
$40.01

Investment Highlights

  • Absolute Triple Net
  • Zero Landlord Responsibilites
  • 20 Year Term

Investment Overview

Denny's is America's diner. Harold Butler and Richard Jezak opened a donut stand in 1953 and called it Dannys Donuts. Butlers stated promise was To serve the best cup of coffee, make the best donuts, give the best service, offer the best value and stay open 24 hours a day.
Today that donut stand is a restaurant chain with a slightly different name, over 1,700 locations and a proven reputation for keeping Mr. Butlers original promise.

Exclusively Listed By

Broker of Record

  • Matt Reeves

    Senior Associate

    (505) 445-6333

    License(s): NM: 19583

    New Mexico

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