Denny's Absolute NNN
For Sale
Contact for pricing
1020 Tanger Drive, Locust Grove, GA 30248
3,504-sf Denny's built in 1994 with a brand-new 20-year absolute NNN lease at closing.
Property Size3,504 SF
Days on Market122
Property Features for 1020 Tanger Drive
General Information
Standard status
Active
Size
3,504 SF
Property subtype
Retail
Building Details
Year Built
1994
Tenancy
Single
Listing Agency:
Trilogy Core LLC
Listed By:
Mark McLoone · License #TX 809405
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 20 at 6:32PM
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 Trilogy Core LLC
Investment Insights
Based on property information with market context.
This Denny's restaurant investment includes a 3,504-square-foot building constructed in 1994. The property will transfer with a brand-new 20-year Absolute NNN lease commencing at the close of escrow.
Rental increases are structured at 10% every five years and also at the beginning of each of the three five-year option periods. The tenant, RREMC Restaurants, operates 39 Denny's locations across Florida, Georgia, and Virginia. The lease is backed with a 15-unit guarantee. The property is located at 1020 Tanger Drive in Locust Grove, Georgia.
Rental increases are structured at 10% every five years and also at the beginning of each of the three five-year option periods. The tenant, RREMC Restaurants, operates 39 Denny's locations across Florida, Georgia, and Virginia. The lease is backed with a 15-unit guarantee. The property is located at 1020 Tanger Drive in Locust Grove, Georgia.
Key Highlights
- 3,504‑sf Denny's building constructed in 1994 in Locust Grove, Georgia
- Transfers with a brand‑new 20‑year Absolute NNN lease commencing at close of escrow
- Rent increases include 10% every 5 years and at the start of the three 5‑year option periods
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
547
Businesses Nearby
Explore this area
Business Placement
Demographics for 30248, GA
29,502
Population
11,435
Households
2.6
Avg Household Size
36
Median Age
26%
College-Educated
93%
High-School Grad
70.7 sq mi
ZIP Area
417
Density / Sq Mi
$85,458
Median Household Income
$43,911
Median Earnings
$1,470
Median Rent
$275,000
Median Home Value
Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
NNN property - 3,504-sf Denny's built in 1994 with a brand-new 20-year absolute NNN lease at closing.
Where is this nnn property located?
The property is located at 1020 Tanger Drive Locust Grove, GA.
What are key features of this property?
This property features: 3,504‑sf Denny's building constructed in 1994 in Locust Grove, Georgia; Transfers with a brand‑new 20‑year Absolute NNN lease commencing at close of escrow; Rent increases include 10% every 5 years and at the start of the three 5‑year option periods
