Denny’s | O’Fallon, IL
Sands Investment Group is Pleased to Present Exclusively For Sale the 5,234 SF Denny’s Absolute NNN Restaurant Property Located at 737 W Hwy 50 in O’Fallon, Illinois. This Deal Includes 9 Years Left on an Absolute Triple Net (NNN) Lease With No Landlord Responsibilities, Providing For a Secure Investment.
- 9 Years Left on an Absolute Triple Net (NNN) Lease With No Landlord Responsibilities
- Strong Hedge Against Inflation With 1.5% Annual Increases
- 20 Year Long-Term Operating History
- Recently Remodeled Which Shows a Strong Commitment to the Location
- Strong Guaranty Backed By Sunrise Restaurants LLC Which is a Subsidiary of WKS Corporation, the Largest Denny’s Franchisee in the Nation
- Buyer Will Have the Benefit of Receiving $73,950.84 of Deferred Rent From the Tenant Starting January of 2022
- Affluent Residential Neighborhood With a Population of 85,556 Residents Making a Well Above Average Household Income of $102,153 Within a 5-Mile Radius
- Blocks From St. Elizabeth’s Hospital Which is the Premier Hospital in Illinois With Over 140 Beds
- O’Fallon is the 3rd Largest City in Southern Illinois and is 5-Miles From Scott Air Force Base and 18-Miles From Downtown St. Louis
- Nearby Tenants Include: Sonic, Pizza Hut, Dollar General, Walgreens, Meineke Car Care, Green Mount Rd Motorsports & Harley Davidson, Circle K, Bank of America and More
In Cooperation With ParaSell, Inc., A Licensed Illinois Broker Lic. # 478027307 BoR: Scott Reid – Lic. # 478027307
View Similar Investment Opportunities
Read Additional Thought Leadership Content From SIG, Specializing in Absolute Triple Net Lease Opportunities
