Denny’s 18875 S I-19 Frontage Road

Green Valley, AZ

Status:

Sold

Close of Escrow: 08/01/2005

Market Time: 55 Days

Activity ID: M03440230

Year Built: 1995

Sale Price: $1,065,850

Price per Square Foot: $282.27

CAP Rate: 9.74%

Downpayment: $1,065,850 (100%)

Net Operating Income: $103,814

Rentable Square Feet: 3,776

Lot Size: 26,245 square feet

Lease Type: Triple Net (NNN)

Lease Term: 10 Years Remaining

Lease Expiration Date: 5/15/2015

Increases: Annual CPI

Options: Two 5-year options

Lease Guarantor: Corporate Guarantee

Ownership: Private

Single Tenant Triple Net Lease