126 Troy Rd East Greenbush, NY 12061
NNN Denny's with 20-year lease and renewal options.
Property size:
4,616 SFLot size:
1.56 AcresProperty Features for 126 Troy Rd
General Information
- Standard status
- Active
- Size
- 4,616 SF
- Lot size
- 1.56 Acres
Building Details
- Year built
- 1978
Source:
Crexi
Listing Agency: Northmarq - Portland Listing Agent: Matt Lipson
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
East Greenbush Denny's NNN Investment
This single-tenant Denny's restaurant is located at 126 Troy Rd, East Greenbush, NY 12061. The property is subject to an absolute NNN lease with a 20-year term and 10% renewal options every 5 years. The location has been a top-performing Denny's since 1998, with a 5.5% rent-to-sales ratio. Situated along US Route 4 (22,247 VPD), the property has visibility from I-90 (76,592 VPD) via signage. The 4,616 square foot property is near a 300,000 SF FedEx distribution center, and Regeneron Pharmaceuticals offices. Other traffic drivers include Evergreen Commons Rehab Center, two major hotels, and Columbia High School (1,192+ students). The property generates additional income from sign rental from a neighboring hotel. It is also located near high-performing retailers, creating synergy for casual dining establishments. The property is suitable for investors seeking stability and long-term value.
Location Intelligence
Current Use by Public Records
Denny's
Restaurant
The Burger Den
Restaurant
Similar Places Nearby
Denny's
Location Insight
- Map
- Local Demand
- City
- East Greenbush
- County
- Rensselaer
- State
- New York
- Longitude
- -73.6997417
- Latitude
- 42.6260965
Nearby Similar for Sale
FAQs
What type of property is this?
Breakfast & diner - NNN Denny's with 20-year lease and renewal options.
Where is this breakfast & diner located?
The property is located at 126 Troy Rd East Greenbush, NY.
What are key features of this property?
This property features: - Absolute NNN lease with a fresh 20-year term and 10% renewal options every 5 years, providing long-term stability.; - Located along US Route 4 (22,247 VPD) and visible from I-90 (76,592 VPD) via prominent signage, ensuring high visibility and traffic.; - Strong 5.5% rent-to-sales ratio, indicating a healthy and profitable business operation.
