RETAIL INVESTMENT GROUP, LLC...RETAIL INVESTMENT GROUP, LLC ACTUAL SITE - SEPTEMBER 2017 CLICK TO...

$4,150,000 | CAP: 5.36%9856 W CAMELBACK ROAD | GLENDALE, ARIZONA 85305

RETAIL INVESTMENT GROUP, LLC

ACTUAL SITE - SEPTEMBER 2017CLICK TO VIEWDRONE VIDEO

8255 E. RAINTREE DR, SUITE 100SCOTTSDALE, AZ 85260(480) 429-4580 | [email protected]

SEAN STEPHENSONAssociate

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MARK MCLOONEAssociate

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STEVEN I. DAVISManaging Member

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https://www.retail1031.com/property/dennys-glendale/

INVESTMENT HIGHLIGHTS

New 20 Year Lease Began 10/1/17 Sales are 2X National Average for Denny’s

#1 Denny’s in Arizona by Sales VolumeNew Ikea & Topgolf Just Announced

Absolute NNN Zero LL Responsibilities 1.5 miles to Gila River Arena(Home of the Arizona Coyotes)

Direct Visibility from Freeway 1 mile to University of Phoenix Stadium(Home of the Arizona Cardinals)

INVESTMENT SUMMARY PRICE: $4,150,000

CAP Rate:

Address:

Lessee:

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Increases:

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Building Size:

5.36%

9856 W Camelback Rd | Glendale, AZ

Lion’s Den Management, LLC

±41,382 Square Feet

September 30th, 2037

7.5% Every 5 Years

6 Unit Entity

$222,292

Absolute NNN Lease

4 x 5 Year Options

±4,948 Square Feet

CAP: 5.36%

PROPERTY INFORMATION



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The information above has been obtained from sources believed reliable. While we do not doubt its accuracy, we have not verified it and make no representation, guarantee or warranty about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, estimates, opinions use are for example only. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.



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SITE PHOTOGRAPHY ACTUAL SITE - SEPTEMBER 2017



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ABOUT DENNY’S & FRANCHISEE

Denny’s is America’s diner. This is where guests have come for over 60 years now to sit back, relax and enjoy delicious, hearty meals 24/7, every day of the year. From breakfast anytime to satisfying lunches and dinners, if you’re in the mood for it, chances are we’re serving it. Denny’s is always open, always welcoming and always serving up hearty diner food along with a mug of fresh hot coffee.

Lion’s Den Management was conceived in the spring of 2006 by five successful Denny’s franchisees, Doug Koch, William Cox, Robert Gentz, Kimberly Qualls and Robert Duskin, who are located within the greater Phoenix market. The idea was to bring the prosperous operators together as a group to mitigate the high cost of real estate and construction the area demanded at that time. The team was formed in 2006 and opened its first of three Denny’s restaurants in November 2007, followed by the other two in December 2007 and January 2008. The restaurants are located in Gilbert; Tramonton (North Phoenix) and Glendale, respectively. The members continued to grow their own companies in other markets while their management teams supervised the operations of the three Phoenix MSA locations. In 2010, the franchisees formed LD2, LLC to hold a fourth Denny’s restaurant which is located in a Flying J truck stop along Interstate 10 and 67th Avenue. Ultimately the last two Denny’s were opened in 2011, one is located in Buckeye, AZ and the other in San Tan Valley. In November 2016, with the growth and success of the company, the franchisees decided it would be best to have one District Manager oversee the operations, who is employed by Lion’s Den. The back-office management responsibilities including account, payroll and tax work is performed by the CPA firm owned by Robert Duskin.

ABOUT DENNY’S

ABOUT FRANCHISEE

ACTUAL SITE - SEPTEMBER 20178255 E. RAINTREE DR, SUITE 100SCOTTSDALE, AZ 85260(480) 429-4580 | [email protected]


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RETAIL INVESTMENT GROUP, LLC...RETAIL INVESTMENT GROUP, LLC ACTUAL SITE - SEPTEMBER 2017 CLICK TO...

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