The Northmarq National Restaurant Group is pleased to offer this single-tenant Denny's located at 126 Troy Rd, East Greenbush, NY 12061. The property is secured by an absolute NNN lease with a fresh 20-year term and 10% renewal options every 5 years. This location has operated as a top-performing Denny's since 1998 and offers a strong 5.5% rent-to-sales ratio.
The property is located along US Route 4 (22,247 VPD), and offers visibility from I-90 (76,592 VPD) via prominent signage. The property is poised to benefit from the 300K SF FedEx distribution center five minutes away, as well as, the expanding Regeneron Pharmaceuticals offices two miles away. The site benefits from many other traffic drivers including Evergreen Commons Rehab Center, two major hotels, and Columbia High School (1,192+ students).
The property includes additional income from sign rental from a neighboring hotel. In addition, it is located near high-performing retailers, creating synergy for casual dining establishments such as this. With its long-term absolute NNN lease, strong sales, and surrounding traffic drivers, this offering provides investors with a compelling blend of stability and long-term value.