NNN Leased Restaurant
For Sale
Contact for pricing
1535 E South St, Globe, AZ 85501
Brand new absolute NNN leased Denny’s property with a 14-year lease to Feast Restaurants.
Property Size4,433 SF
Price / SF$429.96
Days on Market206
Property Features for 1535 E South St
General Information
Standard status
Active
Size
4,433 SF
Property subtype
RETAIL
Listing Agency:
SRS Real Estate Partners | Phoenix
(602) 980-3553
Listed By:
Ed Beeh · License #BRO32807000
(602) 980-3553
Source:
Moodyscre
Added: Jan 6
Changed: Jul 28
Last Checked: Jul 31 at 1:26PM
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 SRS Real Estate Partners | Phoenix
Investment Insights
Based on property information with market context.
SRS Real Estate Partners is pleased to present the opportunity to acquire the fee simple interest in a brand new, absolute NNN leased Denny’s investment property. The tenant, Feast Restaurants, will enter into a brand new 14-year lease with four (5-year) options to extend.
The lease includes 10% rental increases every five years throughout the base term and option periods. The building features Denny’s latest prototype, designed with the brand’s most modern design and layout.
The property is located at 1535 E South St, Globe, AZ 85501, and totals 4,433 square feet.
The lease includes 10% rental increases every five years throughout the base term and option periods. The building features Denny’s latest prototype, designed with the brand’s most modern design and layout.
The property is located at 1535 E South St, Globe, AZ 85501, and totals 4,433 square feet.
Key Highlights
- Brand new absolute NNN leased Denny’s investment property
- 14‑year lease with Feast Restaurants, plus four (5‑year) options to extend
- Lease provides 10% rental increases every five years throughout the base term and options
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
190
Businesses Nearby
93k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 74%
Shops & Services 24%
Hotels & Casinos 2%
McDonald's
Dining
39,132 visits/mo
0.5 miles
Jack in the Box
Dining
15,303 visits/mo
0.4 miles
76
Shops & Services
11,283 visits/mo
0.3 miles
Circle K
Shops & Services
10,768 visits/mo
0.5 miles
Denny's
Dining
5,855 visits/mo
0.3 miles
Demographics for 85501, AZ
12,473
Population
6,102
Households
2
Avg Household Size
44
Median Age
15%
College-Educated
88%
High-School Grad
549.7 sq mi
ZIP Area
23
Density / Sq Mi
$65,933
Median Household Income
$40,979
Median Earnings
$934
Median Rent
$166,400
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Brand new absolute NNN leased Denny’s property with a 14-year lease to Feast Restaurants.
Where is this conventional restaurant located?
The property is located at 1535 E South St Globe, AZ.
What is the asking price?
The asking price for this property is $1,906,000.
What are key features of this property?
This property features: Brand new absolute NNN leased Denny’s investment property; 14‑year lease with Feast Restaurants, plus four (5‑year) options to extend; Lease provides 10% rental increases every five years throughout the base term and options
