DENNY'S

INVESTMENT HIGHLIGHTS

Absolute NNN | Attractive Rental Increases | Experienced Franchisee

• Single Tenant Denny’s investment opportunity featuring an absolute triple-net (NNN) with 11.5 Years remaining, subject to 10% rental increases every 5 years, providing a hedge against inflation.
• The tenant is responsible for paying taxes, insurance, and maintenance, providing complete passive ownership.
• An experienced, multi-unit franchisee who owns and operates two additional Denny’s locations across Southern California.

High-Traffic Corridor | Prime Highway Location Near Tehachapi Muni Airport

• Positioned less than a mile from Tehachapi Airport and just east of Highway 58, this site offers excellent accessibility and long-term growth potential.
• Placer.ai reports nearly ±22,250 vehicles per day along Highway 58 and 100,000 overnight stays in Tehachapi in 2024, with the majority of visitors coming from Bakersfield, followed by the Los Angeles and Inland Empire MSAs.

National Tenant Expansion | Active Development Area | High-Profile Trade Area

• This high-traffic location is nearby national retailers like Walmart, Jersey Mike’s, McDonald’s, Anytime Fitness, USPS, and Tractor Supply, fostering strong retail synergy. The area is experiencing rapid growth with new developments such as Starbucks, Chipotle, Home Depot, Adventist Hospital, and Marriott fueling increased consumer demand.
• Multifamily projects, including Tehachapi Hills by K. Hovnanian and the 19 unit Pinon/Curry condominiums, began in Q4 of 2024 and housing projects such as Tehachapi Hills.
• Significant commercial and medical expansion is underway, with Adventist Hospital adding an outpatient pavilion, health clinics, specialty services, dental, and rehab facilities.
• Just two miles from the property, construction is underway on the Tehachapi Storage and RV Park, which will include 449 storage units, 290 RV spaces, and approximately 16,000 SF of vehicle storage.