Denny's
Las Vegas, NV 89103
Brand New NNN- Legacy Site- Rent Bumps · Retail Property For Sale

Brand New 20 Yr. Absolute NNN Lease (Fee) by Denny’s (NASDAQ: DENN) – 2018 Prototype We are pleased to offer to qualified investors an opportunity to purchase (fee simple) an absolute NNN single tenant investment that is fully leased as Denny’s on a brand new 20 year lease. This lease provides investors long term secure cash flow from one of the largest Denny operators in the U.S. (40+ sites) with a strong Las Vegas track record (franchisee guaranty) and a hedge against inflation from attractive 10% rental increases every 5 years. The offering is part of a brand new mixed-use development that includes retail (Chick-fil-A, Del Taco, Walgreens, Denny’s, Wahoo’s), multi-family (360+ luxury apartments/condos), and hospitality (Marriott - Delta Flag). Located on Resort Corridor with frontage to the Palms Casino which recently received $485 million in upgrades; this offering provides investors a truly rare opportunity to acquire a brand new 2018 construction, generational (trophy) asset, located on irreplaceable real estate in the heart of Las Vegas, NV.