Denny’s is a great concept founded in 1953 and still operates today with over 1400 locations. While most QSR tenants struggle with higher food and labor costs, Breakfast remains the most profitable and Denny’s has a loyal following that is family friendly and doesn’t break the bank for a family to go out for breakfast.https://www.dennys.com
Camp Verde is between Phoenix and Sedona on the way to Flagstaff and enjoys 365 days of activity, unlike some vacation destinations that are more seasonal. Camp Verde is absolutely one of the most beautiful places to visit and enjoy incredible wildlife. This Denny’s has a great position in the market that looks like they have a lock on the area. Being located near a few hotels is exactly what Denny’s thrives on in locations like this. Seems like a good opportunity to a 1031 exchange. I would grade this deal at a B to B- due to poor CPI increases and lack of major credit. I would offer a 7 to 7.25% cap rate.https://www.campverde.az.gov
I help high-income professionals-such as doctors, lawyers, and business owners- navigate and analyze NNN investments during a 1031 exchange. On this channel, I break down real deals across the country, including gas stations, fast-food properties, and single-tenant net-leased investments. learn how an industry veteran picks out the red flags and finds the hidden opportunities where most people miss the clues. Subscribe for daily insights, deal breakdowns, and real-world strategies.http://www.irs.gov