2890 W Ridge Road Rochester, NY 14626

Listing agency SRS Real Estate Partners Newport Beach p***@srsre.com Show Phone

Listed by Matthew Mousavi · License #CA 01732226

Source Crexi

Added: Apr 10 Updated: Jul 21 at 1:10AM Checked: Jul 21 at 9:26AM

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Investment Insights

Based on property information with market context.

A freestanding Denny’s restaurant opportunity offered as fee simple (land and building). The property is described as an absolute NNN leased asset with a franchisee-guaranteed tenant. The tenant, Feast American Diners, LLC, has approximately 6 years remaining on the initial lease term and two 5-year extension options. The lease includes 10% rental increases in 2020 and at the beginning of each option period.

The site is located directly along W. Ridge Road/State Highway 104, a primary east/west thoroughfare with stated traffic of 29,300 VPD, and features clear signage at ingress/egress. The property is positioned across from a Wegmans and Best Buy anchored shopping center and within less than 1 mile west of The Mall at Greece Ridge, with retailers including Burlington, JCPenney, Dick’s Sporting Goods, Regal Cinemas, Macy’s, and a freestanding Target.

Denny’s has been operating at this location since 1990. The surrounding shopping center tenant mix mentioned includes Pet World, Plato’s Closet, Five Below, and Markson’s Furniture, among others.

Key Highlights

• Fee simple ownership of freestanding Denny’s investment property in Greece, NY (Rochester MSA).
• Absolute NNN lease with franchisee guarantee; tenant is Feast American Diners, LLC (24‑unit entity).
• Tenant has approximately 6 years remaining on the initial term plus two (5‑year) options to extend.

Property Analytics

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FAQs

What type of property is this?

Conventional restaurant - Freestanding Denny’s with absolute NNN lease structure and long-term franchisee-guaranteed occupancy along W. Ridge Road/Route 104.

Where is this conventional restaurant located?

The property is located at 2890 W Ridge Road Rochester, NY.

What are key features of this property?

This property features: Fee simple ownership of freestanding Denny’s investment property in Greece, NY (Rochester MSA).; Absolute NNN lease with franchisee guarantee; tenant is Feast American Diners, LLC (24‑unit entity).; Tenant has approximately 6 years remaining on the initial term plus two (5‑year) options to extend.