2207 N Marine Blvd
Jacksonville, NC 28546
Denny's | 20 Year Abs. NNN Sale Leaseback · Retail Property For Sale

Retail Investment Group is pleased to be the exclusive listing agent for Denny’s in Jacksonville, North Carolina. This property is an absolute NNN that will expire 20 years from the close of escrow. There are 2 (5)-year options and 10% increases every five years (hedging against inflation). The building is ±5,152 square feet and sits on ±1.38 acres of land. The property was built in 1985 and received renovations in 2012. The property’s guarantor and lessee is Den Jacksonville 1, LLC, a two unit operator. This is a strong performing Denny’s location with a growing population of over 72,000 people within a five mile radius. Nearby retailers include: Walmart Super Center, Home Depot, Taco Bell, Wendy’s, numerous hotels as well as the nearby Marine Corps Air Station New River. The property has high visibility situated along US-17 (N. Marine Blvd.) which sees ±30,873 vehicles per day.