• Long-term lease | There are ±9 years remaining on the base lease term
• Passive investment | Absolute NNN lease | Zero Landlord responsibilities
• Strong store sales | Sales have increased each of the past two years, including a 10%+ increase in 2023 | Speak with Agent for details
• Healthy rent | Tenant operated at a 7% rent-to-sales ration in 2023 | Speak with Agent for details
• Rare percentage rent clause | Tenant pays a 7% override on sales above $1,305,953 (Tenant hit the threshold in 2023) | Speak with Agent
for details
• Strong guarantor | Lease is backed by Sunrise Restaurants, LLC, the largest Denny’s franchisee in the system with 110 units:
– Parent company is WKS Restaurant Group, operators of 374+ restaurants across 19 states | Brands include Denny’s, Wendy’s, Blaze Pizza, El Pollo Loco, and Krispy Kreme | See page 12 for more info
• Low rent & price point for a Denny’s asset
• Asset is being offered near or below replacement cost
• Excellent access and visibility from U.S. Highway 64 aka Clayton Road
• Site is walking distance to:
– I-25
– Raton High School | 225 students
– 10+ hotels/inns
• Less than 2 miles from Miners’ Colfax Medical Center | 25-bed, acute care hospital