Denny's | 9+ Yrs NNN | 110-Unit Guarantor 430 Clayton Rd

Investment Highlights

Passive investment | Absolute NNN lease | Zero Landlord responsibilities Healthy rent | Tenant operated at a 7% rent-to-sales ration in 2023 | Speak with Agent for details Parent company is WKS Restaurant Group, operators of 374+ restaurants across 19 states Strong store sales | Sales have increased each of the past two years, including a 10%+ increase in 2023 | Speak with Agent for details Strong guarantor | Lease is backed by Sunrise Restaurants, LLC, the largest Denny?s franchisee in the system with 110 units Asset is being offered near or below replacement cost

Executive Summary

? Long-term lease | There are ?9 years remaining on the base lease term? Passive investment | Absolute NNN lease | Zero Landlord responsibilities? Strong store sales | Sales have increased each of the past two years, including a 10%+ increase in 2023 | Speak with Agent for details? Healthy rent | Tenant operated at a 7% rent-to-sales ration in 2023 | Speak with Agent for details? Rare percentage rent clause | Tenant pays a 7% override on sales above $1,305,953 (Tenant hit the threshold in 2023) | Speak with Agentfor details? Strong guarantor | Lease is backed by Sunrise Restaurants, LLC, the largest Denny?s franchisee in the system with 110 units: ? Parent company is WKS Restaurant Group, operators of 374+ restaurants across 19 states | Brands include Denny?s, Wendy?s, Blaze Pizza, El Pollo Loco, and Krispy Kreme | See page 12 for more info? Low rent & price point for a Denny?s asset? Asset is being offered near or below replacement cost? Excellent access and visibility from U.S. Highway 64 aka Clayton Road? Site is walking distance to:? I-25? Raton High School | 225 students? 10+ hotels/inns? Less than 2 miles from Miners? Colfax Medical Center | 25-bed, acute care hospital

• Sale Type    Investment NNN
• Property Type    Retail
• Property Subtype    Restaurant Restaurant General Retail Fast Food General Retail Freestanding Restaurant
• Building Size    4,051
• Building Class    C
• Year Built    1998
• Price    1,673,500
• Price Per SF    413
• Cap Rate    6
• NOI    100,419
• Tenancy    Single
• Building Height    1 Story
• Building FAR    0.10
• Land Acres    0.95 AC
• Opportunity Zone    Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.