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East Greenbush Denny's NNN Investment
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126 Troy Rd, East Greenbush, NY 12061

NNN Denny's with 20-year lease and renewal options.

Property Size4,616 SF
Price / SF$583.89
Days on Market191

Property Features for 126 Troy Rd

General Information

Standard status Active
Size 4,616 SF
Property subtype Retail
Zoning OC

Building Details

Year Built 1978
Listing Agency: Northmarq - Portland
Listed By: Matt Lipson · License #201225340
Source: Crexi
Added: Feb 10 Changed: Aug 8 Last Checked: Aug 8 at 6:34AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Northmarq - Portland

Investment Insights

Based on property information with market context.

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.

Key Highlights

  • 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.

Property Analytics

Current Use

Denny's Restaurant The Burger Den Restaurant

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Auto Repair Shop Hair Salon Auto Parts Store Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

220
Businesses Nearby
66k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 63% Shops & Services 28% Hotels & Casinos 10%
Cracker Barrel Old Country Store Dining
17,256 visits/mo 0.1 miles
Dunkin' Donuts Dining
12,580 visits/mo 0.4 miles
Denny's Dining
11,650 visits/mo 0.1 miles
Sefcu A Division Of Broadview Shops & Services
11,437 visits/mo 0.1 miles
Mobil Shops & Services
6,791 visits/mo 0.5 miles

Demographics for 12061, NY

9,404
Population
4,144
Households
2.3
Avg Household Size
44
Median Age
54%
College-Educated
95%
High-School Grad
20.1 sq mi
ZIP Area
468
Density / Sq Mi
$117,083
Median Household Income
$71,176
Median Earnings
$1,741
Median Rent
$311,300
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Similar Off Market Nearby

  • Denny's 126 Troy Rd, East Greenbush, NY 12061

Frequently Asked Questions

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 is the asking price?
The asking price for this property is $2,695,254.
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.
More about this property
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