Denny’s 600 Trosper Rd SW Local commercial 630 m² À vendre Tumwater, WA 98512 3 655 080 € (5 806,22 €/m²) Taux de capitalisation 6,25 %

Marcus & Millichap’s Brown Retail Group has been selected to exclusively market for sale a high-performing Denny’s in Tumwater, WA, secured by a brand-new 20-year Absolute Net Lease to be executed at closing. The lease offers investors long-term, passive cash flow with zero landlord responsibilities and 10% rent increases every five years, both during the initial term and option periods. The property is operated by The Keshap Group, a proven multi-brand operator with over 25 years of experience, 35 Denny’s restaurants across six states, 19 Papa John’s, in WA state, a Dave’s Hot Chicken restaurant with more in development, and soon the first Gong Cha in the Pacific Northwest. The lease will be operated and guaranteed by Awashington, LLC, which operates 16 Denny’s locations in Washington state generating annual sales exceeding $25 million. Ranked in the top 12% of all restaurants in Washington and top 25% nationally (per Placer.ai), this location benefits from strong brand recognition and exceptional market positioning. It is strategically situated in a prime retail corridor and grocery shadow anchored by nationally top-ranked Fred Meyer (2%), Costco (6%), Walmart (11%), and Safeway (13%) stores, driving consistent customer traffic. The property underwent a full renovation in 2019 to meet Denny’s latest design standards, ensuring operational efficiency and modern curb appeal. Positioned directly off Interstate 5 (104,000+ VPD) at the signalized intersection of Trosper Road SW and Tyee Drive, the site offers excellent visibility, prominent signage, and convenient ingress/egress. The surrounding trade area features major national retailers such as Costco, Home Depot, Walgreens, and AutoZone, as well as nearby hotels including Best Western and Motel 6. The property serves an affluent community of approximately 122,000 residents within a 5-mile radius, with average household incomes exceeding $107,000. Located in Washington, an income tax-free state, the investment further benefits from favorable tax treatment, enhancing investor returns.