Overview

Description

• Corporate leased Denny’s
• Remaining term 12 years, expiration date is Aug. 31, 2035
• Denny’s has 4 (5-year) option periods to extend, demonstrating Denny’s commitment to site
• The option periods in the lease feature rental increases every five years growing NOI and hedging against inflation
• San Francisco Bay Area location
• Strong store sales
• Founded in 1953, Denny’s is among the largest diner-style restaurant chains with over 1,700 locations around the world.

• The subject property is an outparcel at Williamson Ranch Plaza, a 302K SF WalMart Supercenter anchored center
• The site benefits from excellent visibility and frontage along Lone Tree Way (43,400 VPD) one of the major retail thoroughfares serving the trade area
• Strong tenant synergy promotes crossover shopping to the subject property

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