Denny's | 12yrs Remain Corp NNN | Bay Area 4823 Lone Tree Way

Investment Highlights

Corporate Signed Lease | Remaining Term - 12 Years NNN Lease Structure | Fee Simple Ownership | Minimal Landlord Responsibilities Strong Demographics In 5-Mile Trade Area Additional Options To Extend | Scheduled Rent Increases | Commitment To Site | Bay Area Location | Strong Store Sales Out-parcel at Walmart SuperCenter Anchored Center | Dense Retail Corridor | Great Frontage, Visibility and Access

Executive Summary

? Corporate leased Denny?s? Remaining term 12 years, expiration date is Aug. 31, 2035? Denny?s has 4 (5-year) option periods to extend, demonstrating Denny?s commitment to site? The option periods in the lease feature rental increases every five years growing NOI and hedging against inflation? San Francisco Bay Area location? Strong store sales? Founded in 1953, Denny?s is among the largest diner-style restaurant chains with over 1,700 locations around the world.

• Sale Type    Investment NNN
• Property Type    Retail
• Property Subtype    Restaurant Restaurant General Retail Freestanding Restaurant
• Building Size    4,651
• Building Class    B
• Year Built    2002
• Price    2,450,000
• Price Per SF    527
• Cap Rate    5.92
• NOI    145,000
• Tenancy    Single
• Building Height    1 Story
• Building FAR    0.12
• Land Acres    0.87 AC

• Pylon Sign
• Restaurant