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3446 Coach Lane, Cameron Park, CA, 95682

Denny’s For Sale
Closed

Key Information

Tot. SF
5,284
Year Built
1989
Type
Retail

Highlights

  • Absolute NNN Lease – This is an absolute triple net lease with zero landlord responsibilities, providing a potential investor with truly passive income.
  • Below Replacement Cost – Opportunity to acquire a fully built restaurant at a price below the current cost to construct one. This benefits an investor by allowing a lower barrier to entry for operations, stronger long-term cash flow potential, and reduced risk exposure by way of deferred ground up development costs.
  • High Household Income Area – The average household income in the 3-mile radius is $151,100+ benefiting an investor by owning property in an area where the local customer base has high spending power.
  • High Density Retail Corridor – A significant amount of retail is found off the El Dorado Fwy and Cameron Park Dr. A few of the high credit tenants are Applebee’s, McDonald’s, Taco Bell, Carl’s Jr, Starbucks, Safeway, Round Table Pizza, Dutch Bros, Dollar Tree, O’Reilly Auto Parts, and Bank of America.
  • Direct Access to El Dorado Freeway – The subject property is located off of I50 which has an average daily vehicle count of ±65,700.
  • Healthy Rent to Sales Ratio – Contact broker for details
  • Below Market Rent – Denny’s has below market rent for casual dining in California and the Cameron Park surrounding area with a rent per square foot of $20.19. This benefits an investor as there is risk mitigation and potential upside in the rental amount (Per CoStar)

Photos

Location

Agents

Broker of Record

David Harrington

License # 02168060 (CA)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203