Globe, AZ - Denny's

Description:

SRS Real Estate Partners-West, LLC is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN leased, Denny’s investment property located in Globe, Arizona. The tenant, Feast Restaurants, has 13 years remaining on the lease with four (5-year) options to extend, demonstrating long-term commitment to the site. The lease includes 10% rental increases every five years throughout the initial term and at the beginning of each option period, providing steadily growing net operating income and a strong hedge against inflation. The lease is absolute NNN with zero landlord responsibilities, offering an ideal, management-free investment opportunity for passive or out-of-state investors.

The property features the latest and most modern Denny’s prototype, showcasing the brand’s newest design and layout, which enhances customer experience and operational efficiency. Strategically located on Ash Street, the primary commercial corridor through Globe, the property benefits from excellent visibility and access in a high-traffic area. It is surrounded by key traffic drivers such as multiple hotels, Heritage Health Care Center, Liberty High School, and other community amenities. The area features strong retail synergy with nearby national tenants including Safeway, McDonald’s, Dairy Queen, Circle K, and Jack in the Box, increasing consumer draw to the site. The 5-mile trade area is supported by a population of over 14,000 residents and nearly 6,000 employees, with an average household income of $82,940, underscoring the area’s economic stability and long-term viability.