Denny's | New 15yr Abs NNN | Walmart Outparce 8243 S John Young Pky

Investment Highlights

Brand New 15-Year Lease | Scheduled Rental Increases | Franchisee Guaranteed | Well-Known & Established Brand Outparcel to Walmart-Anchored Center | Dense Retail Corridor | World Renowned Consumer Attractions | MCO International Direct Residential Consumer Base |Strong Demographics in 5-Mile Trade Area Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities Located Along S. John Young Parkway | Centralized Location |Excellent Visibility & Access

Executive Summary

SRS National Net Lease Group is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN, freestanding, franchisee guaranteed, Denny?s investment property located in Orlando, FL. The tenant recently extended their lease an additional 15 years with 4 (5-year) option periods, demonstrating their long-term commitment to the site. The lease features 8% rental increases every 5 years throughout the initial term and option periods, growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities, making this an ideal, management-free investment opportunity for a passive investor. 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    4,575
• Building Class    B
• Year Built    2001
• Price    2,725,000
• Price Per SF    596
• Cap Rate    4.93
• NOI    134,343
• Tenancy    Single
• Building Height    1 Story
• Building FAR    0.12
• Land Acres    0.91 AC

• Dedicated Turn Lane
• Freeway Visibility
• Restaurant
• Signage