430 Clayton Rd | Raton, NM 87740
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430 Clayton Rd
Raton, NM 87740
Denny's | 9+ Yrs NNN | 110-Unit Guarantor · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Passive investment | Absolute NNN lease | Zero Landlord responsibilities
- Healthy rent | Tenant operated at a 7% rent-to-sales ration in 2023 | Speak with Agent for details
- Parent company is WKS Restaurant Group, operators of 374+ restaurants across 19 states
- Strong store sales | Sales have increased each of the past two years, including a 10%+ increase 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
- Asset is being offered near or below replacement cost
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
4,051 SF
Building Class
C
Year Built
1998
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.95 AC
Zoning
C - Commercial
Parking
70 Spaces (17.28 Spaces per 1,000 SF Leased)
Frontage
128’ on Clayton Road
PROPERTY TAXES
| Parcel Number | 1135185424021 | Improvements Assessment | $382,790 |
| Land Assessment | $55,176 | Total Assessment | $437,966 |
PROPERTY TAXES
Parcel Number
1135185424021
Land Assessment
$55,176
Improvements Assessment
$382,790
Total Assessment
$437,966
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