3720 Tracy Blvd Tracy, CA 95304
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
46 · Tracy, CATracy. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.