DENNY'S

8011 E Brundage Lane, Bakersfield, CA 93307
$2,260,000

Cap Rate
6.8%
Gross SQFT
4,400
Year Built
2002/2019
Term Remaining
±20 YRS
NOI
$153,680
Property Type
Retail

INVESTMENT HIGHLIGHTS

20-Year Sale Lease-back | Top Performing Store | Experienced Franchisee

  • 20-Year Sale Lease-back with an experienced, multi-unit franchisee who operates across Southern California with proven success.
  • Ranked top 90% percentile nationally per AlphaMaps.
  • Single Tenant Denny’s investment opportunity featuring an absolute triple-net (NNN) lease, subject to 9% rental increases every 5 years, providing a strong hedge against inflation.
  • The tenant is responsible for paying taxes, insurance, and maintenance, providing complete passive ownership.

High-Traffic Corridor | Prime Highway Location | 9th Largest City in California

  • Positioned north of Highway 58 and Highway 184, reporting nearly ±55,000 vehicles per day, providing seamless connectivity to greater Bakersfield and surrounding regions, increasing customer traffic and visibility.
  • This high-traffic location is near national retailers like Walmart, Jack in the Box, Starbucks, McDonald’s, Panda Express, Subway, Shell, Taco Bell, and Bolthouse Farms fostering strong retail synergy.
  • Bakersfield is the 9th largest city in California with over 410,000 residents, which has increased nearly 4% in the last 5 years.

High-Profile Trade Area | High Density Demographics | Strong Employment Base

  • Bakersfield has seen job growth of over 10% in the last five years, with continued expansion in logistics, energy, and healthcare sectors.
  • Bakersfield is home to a $50+ billion diverse and growing economy, with key industries including agriculture, energy, logistics, healthcare, and manufacturing, contributing to economic stability.
  • Major nearby employers include Kern Medical, Bakersfield College, and Bolthouse Farms, driving demand for retail and restaurant services.

Broker of Record

  • David Harrington
  • License No. 02168060 (CA)
  • (866) 889-0550
  • Matthews Real Estate Investment Services, Inc
  • 2321 Rosecrans Ave.,
    Suite 1225, El Segundo, CA 90245
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