Orlando, FL - Denny's

8243 S John Young Pkwy, Orlando, FL 32819

SRS National Net Lease Group is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN, freestanding, franchisee guaranteed, Dennys investment property located in Orlando, FL. The tenant recently extended their lease an additional 10 years with 4 (5-year) option periods, demonstrating their long-term commitment to the site. The lease features 8% rental increases every 5 years throughout the initial term and option periods, growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities, making this an ideal, management-free investment opportunity for a passive investor. Founded in 1953, Dennys is among the largest diner-style restaurants chains with over 1,700 locations around the world. Dennys is strategically located along S. John Young Parkway with clear visibility and access to an average of 72,000 vehicles passing by daily. The asset benefits from a centralized location with direct access onto Floridas Turnpike (112,000 VPD), Interstate 4 (194,000 VPD), and several state highways, providing easy access for employees and customers. Dennys is ideally situated within Sand Lake Corners, a 526,000+ SF Power Center anchored by Walmart Supercenter and Lowes Home Improvement. The additional major shopping centers in the area include Orlando International Premium Outlets (774K+ SF), The Mall at Millenia (1.124M+ SF), The Florida Mall (1.943M+ SF), and many others. The surrounding national/credit tenants consist of The Home Depot, PetSmart, Costco Wholesale, Marshalls, Best Buy, and Macys, among many others. Strong tenant synergy increases consumer draw to the immediate trade area and promotes crossover store exposure for the site. Furthermore, the property is within proximity to numerous single-family communities and multi-family complexes including Sandlake Palazzo (120 units), Greenwich Park (256 units), Sand Lake Pointe (312 units), and more, providing a direct residential consumer base for the site. The 5-mile trade area is supported by over 215,900 residents and 191,000 daytime employees, with an average annual household income of $86,964.

Contact

Broker or Owner Contact
Matthew Mousavi
,
Phone: (949) 698-1116
matthew.mousavi@srsre.com
ED Contact
Robert Collins
Orlando Utilities Commission
100 W Anderson St
Orlando, FL 32801
Phone: (407) 423-9100
rcollins@ouc.com

Building

Property ID 611
Building Size 4575
Site Size (acres)
Zoning
Year Built
Number of Drive-In Doors
Number of Dock-In Doors
Clearance Height
Drive-in Doors no
Sprinklered no
Parking Ratio 0
Updated
Number of Parking Spaces
Parking no
HVAC

Pricing

For Sale yes
Sale Price 2725000
For Lease no
Lease Type
Lease Cost 0

Geographic and Infrastructure

Latitude 28.4453153
Longitude -81.4267434
County Orange County
Rail Access no

Utilities

Service to Property no
Electric Provider
Gas On Site no
Gas Provider
Water On Site no
Water Provider
Fiber Optics no
Telecom on Site no
Sewer On Site no
Sewer provider