Denny’s
Brand New Absolute NNN 20 Year Lease – Denny’s (NASDAQ: DENN)
• 10% Increases Every 5 Yrs – Including Options (4-5 Yr Options)
• Excellent Operator with 40+ Locations Across California, Colorado, and Nevada
• Sales Volume Exceeding Expectations – Very Strong Store Opening
• Irreplaceable High Profile Site off W Sahara Blvd – 1 Mile from The Strip
• Heavily Trafficked Location (62,000+ AADT)
• Functional Drive-Thru at this Location –Although Currently not in Use
• Hard Corner – Located Across from Palace Station Hotel & Casino
• Located 0.5 Miles from the I-15 Entrance/Exit (~300,000 AADT on I-15)
• #1 Ranked Tourist Destination/Most Popular in the World (47M+ Visitors Annually)
• Nearby Retailers Include In-N-Out, Chick-fil-A, McDonald’s, 7-Eleven
• Average Household Income Exceeds ~$61,000 within 3 Mile Radius
• Dense Infill Location ~203,000 Residents within a 3 Mile Radius
• Immediate Area Experiencing Very High Growth – 31% Increase in Pop. Since 2010
• Over 11% Increase in Pop. Expected by 2024