|
|
FOR SALE - Listing #: 711088
Denny's - Auburn
521 - 0 Auburn Way S, Auburn WA98002
5,700 Available SF 5,700 SF
Agent Remarks
We have been selected to exclusively market for sale a high-performing Denny's in Auburn, WA, secured by a brand-new 20-year Absolute Net Lease to be executed at closing. The lease offers long-term, passive cash flow, zero landlord responsibilities, 10% rent escalations every five years, and a guarantee from Awashington, LLC (15 WA locations, $30M+ in annual sales). The restaurant is operated by The Keshap Group — a multi-brand franchisee with 25+ years of experience, 35 Denny's, 16 Papa John's, and four Dave's Hot Chicken restaurants. This Denny’s ranks in the top 14% of all restaurants in Washington state and top 30% nationally (per Placer.ai). It is situated just off Hwy-18 (88,000+ VPD) at the signalized hard corner of Auburn Way S and 6th St SE (57,000+ VPD). The property was extensiv
|
County
|
King
|
|
|
Market Area
|
Auburn
|
|
|
Tax ID #
|
1821059027
|
|
|
Price
|
$ 3,435,000
|
|
Property Details
|
Prop Type
|
Retail
|
|
|
# Floors
|
1
|
|
|
Bldg SF
|
5,700
|
|
|
Year Built
|
1977
|
|
|
Land SF
|
57,499
|
|
|
# Bldgs
|
1
|
|
|
Acres
|
1.32
|
|
|
# Parking Spaces
|
0
|
|
|
Office Class
|
|
|
|
|
|
|
|
|
|
Informational Links
|
|
