Denny's
$1,364,815
5800 Franklin Street, Potawatami Pk, IN 46360
For Sale
Retail
Restaurant
Active
Last Updated: 05/01/2025
7
Cap Rate
95,537
NOI
Details:
Cap Rate: 7%
NOI: $95,537
Building Size: 5,396 sqft
Lot Area: 1.36 acres
Year Built: 1995
Highlights:
- Absolute Net "NNN" | Zero Landlord Responsibilities
- 5,900 SF Building Situated on 1.36 Acres | Outparcel to Walmart
- Signed 10 Year Extension in Sept. 2018 | Commitment to Location
- Guaranteed by Strong Multi-State 28-Unit Operator | Classic Dining Group, LLC
- Located Less than Half Mile from Interstate I-94 | Main Interstate for Drivers to Travel Between Michigan to Chicago, Illinois
- Newly $240 Million Franciscan Health Hospital (123 Bed Count) is Less than a Mile from Subject Property
- Population within 5-Mile Radius Exceeds 42,298 | Average Household Income within 5-Mile Radius Exceeds $72,572
- Numerous Retailers Surround the Property: Menard's, Lowe's, Meijer, Walmart, Olive Garden, Gordon Food Service, Panera Bread, Chili's, IHOP, and Many More
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