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SOLD

Dennys McAllen TX

401 East Nolana Loop
McAllen, TX
78504

This investment is presently owned and operated by ACE Eateries, LLC d/b/a Denny's (hereafter, "ACE"). The principals of ACE are successful business men who own and operate other thriving retail concepts in addition to this Denny's franchise. ACE presently owns and operate 3 Denny's in this booming market and is an expansion period based upon historically strong sales. The subject property provides an investor the opportunity to acquire a direct sale-leaback from ACE of a 4,400 square foot Denny's restaurant comprised of the restaurant itself, a 36-seat meeting room and 90 parking spaces. This Denny's is situated on a major commercial thoroughfare within close proximity to a large number of national retailers. This investment is subject to a brand new 20-year NNN lease which will simutaneously be executed at closing. This investment will require ZERO landlord responsibilities and expenses as it will be fully maintained and operated by an expanding franchisee with a proven track record. Historically, store sales at this location have been very strong. This site should continue to thrive at this location with this franchisee for the foreseeable future

$2,543,438

Building Size

4,400 sf

Deal Type

NNN

Sale Price

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