714-307-1250
72248 Varner Rd, Thousand Palms, CA for Sale
Restaurant - FOR SALE
1/6
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72248 Varner Rd
Thousand Palms, CA 92276


HIGHLIGHTS

  • Denny’s Corporation is one of America’s largest full-service restaurant chains based on number of restaurants
  • Single-tenant NNN lease investment

OVERVIEW

This single-tenant net lease investment offers a secure 20-year lease term, with the lease set to expire on July 31, 2036. The property features a ±5,292 square-foot building situated on a ±35,719 square-foot lot (approximately 0.82 acres). Rent increases of 5% occur every 30 months, providing steady income growth. Originally constructed in 2002, the building includes 61 surface parking spaces, offering an excellent parking ratio of 10.00 per 1,000 square feet. The property is equipped with a wet sprinkler system and is zoned C-P-S. Denny’s Corporation is one of America’s largest full-service restaurant chains based on the number of locations. As of June 25, 2025, the company operated a total of 1,558 restaurants, including 1,474 franchised and licensed locations and 84 company-operated units. The corporation encompasses two brands: Denny’s and Keke’s. The Denny’s brand included 1,484 restaurants worldwide, with 1,422 franchised and licensed locations and 62 company-operated restaurants. The Keke’s brand comprised 74 restaurants, of which 52 were franchised and 22 were company operated.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% 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

2002

SPRINKLERS

-

PARKING SPACES

61

LAND DETAILS

LAND ACRES

0.82 AC

LAND SF

35,719 SF

ZONING

C-P-S: Scenic Hwy. Coml.

APN/PARCEL ID

650-090-036

ASK ABOUT THIS PROPERTY

John MartinLee & Associates Commercial Real Estate ServicesMore Info
714-307-1250

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John MartinLee & Associates Commercial Real Estate ServicesMore Info
714-307-1250

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