2875 W US Highway 70 - Restaurant FOR SALE


Thatcher, AZ 85552
$1,790,300 USD
602-687-6694
2875 W US Highway 70, Thatcher, AZ for Sale
$1,790,300 USD
Restaurant - FOR SALE
1/5
null | 7% Cap Rate

2875 W US Highway 70
Thatcher, AZ 85552


HIGHLIGHTS

  • Absolute NNN Lease With Multi-Unit Franchise
  • Approximately 3 Years Remaining on Lease Term With 2, 5 Year Renewal Options
  • 20+ Unit Denny’s Operator - Parent Company Operates 200+ Restaurants Across 3 Brands: Denny’s, Jack in the Box, and Popeye's
  • Longstanding Site - Denny's has operated at this Location since 2009
  • High Performing Location - Tenant's Rent-To Sales Ratio is Consistently Below 7.5%
  • Situated Immediately Off US Hwy 70, a Major Connector Providing a Direct Route To Phoenix

OVERVIEW

Denny’s (NASDAQ: DENN) is a full-service fast-casual family restaurant chain, with over 1,600 restaurants to date. It is known for always being open - serving breakfast, lunch, dinner, and dessert around the clock. Located in the heart of the Gila River Valley, Thatcher is the geographic center of a growing and vibrant economic region that includes all of Graham County, along with neighboring Greenlee County and northern Cochise County.

FOR SALE DETAILS

PRICE

$1,790,300 USD

PRICE/SF

$412 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Denny's

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.98 AC

LAND SF

42,689 SF

ZONING

C-2

APN/PARCEL ID

104-03-022

ASK ABOUT THIS PROPERTY

Nick ChristifulliMarcus & MillichapMore Info
602-687-6694

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Nick ChristifulliMarcus & MillichapMore Info
602-687-6694

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.