Description
We have been selected to exclusively market for sale a newly constructed Denny’s restaurant in Rexburg, ID featuring a 17+ year absolute net lease with two 10-year options to extend. The lease offers secure, long-term cash flow with zero landlord responsibilities, providing investors true passive income. The lease includes 10% rent increases every 10 years during the initial term and option periods, delivering inflation protection and growing returns over time. The property is operated by a seasoned Denny’s franchisee with over 25 years of experience and a portfolio of 24 Denny’s, 15 Papa John’s, and multiple Dave’s Hot Chicken locations across six states, ensuring strong operational performance. Built in 2023, the building reflects Denny’s latest design standards and technology upgrades,