3720 Tracy Blvd Tracy, CA 95304
- Turn key restaurants
- 4,625 SF
- 0.60 lot acres
Current Use by Public Records
- Turn key restaurants
Property Details for 3720 Tracy Blvd
- Year built
- 1985
- Lot size
- 0.60 lot acres
- Property size
- 4,625 SF
- Zone code
- 46
- Property type
- Turn key restaurants
- APN
- 212-250-030-000
- APU
- 212250030000
Description
This exceptional investment opportunity presents a fee-simple ownership of a 4,625 square foot Denny's restaurant located at 3720 N Tracy Blvd, Tracy, CA 95304. The property boasts a strong 5.25% cap rate, generating a current NOI of $160,000 annually. Secured by a long-term, absolute NNN lease with a nationally recognized franchisee, the lease extends until December 12, 2037, offering 13.1 years of remaining term. Rent increases are built in, with a scheduled jump to $176,000 annually on January 1, 2029. The property sits on a substantial 26,136 square foot lot and includes two-five year lease options. Built in 1982, this single-story building is zoned for restaurant use and enjoys 100% occupancy. This is a rare chance to acquire a stable, high-performing asset in a desirable location. The asking price is $3,050,000. The property's APN is 212-250-030-000. This is a sale for leaseback transaction.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Tracy
- County
- San Joaquin
- State
- California
- Longitude
- -121.435
- Latitude
- 37.7636
- CBSA code
- 44700
- CBSA name
- STOCKTON, CA METROPOLITAN STATISTICAL AREA