DENNY'S RESTAURANT

10802 PACIFIC AVENUE | TACOMA, WA

HIGHLIGHTS

• Frontage on Pacific Avenue overseeing more than 22,500 vehicles-per-day.


• Excellent Visibility - Adjacent to WA-512 with more than 76,000 vehicles-per-day.


• Strong dining corridor with Starbucks, Jack in the Box, Taco Bell, McDonald’s, and Little Caesars.


• Other surrounding retail includes Rent-A-Center, Ace Hardware, AutoZone, and Chevrolet.

PROPERTY INFO

Property Type: Net-Leased

Status: For Sale

Building Size (Total GLA): 3,510 SF

Lot Size: 36,025 SF

iNVESTMENT PRICING

Price: 3,303,000

Cap Rate Current: 4.00%

Price Per Square Foot (Building): $941.03

financial DETAILS

Lease Type: Absolute Net

Lease Term Remaining: 13 Years

Rent Increases: 1.50% Annually

Guarantor: Personal Guaranty

Options to Extend: Two, 5-Year

contact

Brenden Felix
Vice President
License No. 01978635
+1 949 942 1315
Brenden.Felix@vantiscap.com

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