Burleson, TX - Denny's

Description:

• New, 15-year lease with 4 (5-year) option periods to extend
• The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI while providing a hedge against inflation

• The subject property is located directly across from a Albertsons anchored center that features other national/credit tenants such as JCPenney, Wendy’s, Bath & Body Works, T-Mobile, GNC, and Sally Beauty
• Less than 1 mile from Gateway Station with major tenants including Kohl’s, T.J. Maxx, Ross, Boot Barn, AT&T, Ulta, Olive Garden, Applebee’s, Five Below, and others
• The subject property is located in the center of a primary retail corridor with other national credit tenants including Academy, Sam’s Club, Lowe’s, Chipotle, Starbucks, Texas Roadhouse, and many more
• Strong tenant synergy promotes crossover shopping to the subject property