Denny's

5,800 SF | Retail Building | Palm Coast, FL 32137 | $1,711,000 ($295/SF)

Date Added:
May 17, 2024
Days on Market:
28 days

Asking Price $1,711,000

Property Type
Retail, Restaurant
Square Feet
5,800 SF
Price / Square Foot
$295

Listing Contacts

Zach Stevens
Zach Stevens
Verified Profile
Alex DeSoto
Alex DeSoto
Verified Profile
  • Property Info

Property Overview

Broker of Record
Kyle Matthews
License No. CQ1066435 (FL)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203

Property Details

Class
B
Year Built/Renovated
1988/2015
Stories
1
Lot Size (sq. ft)
45,738 SF

Highlights

  • The current tenant’s lease is expiring in January 2025, providing a clear path for a new investor to take control
  • Opportunity to redevelop the over ±1 Acre lot, which will provide ample room for many different uses, or keep as is and lease out to another restauran
  • Potential to significantly raise rent in line with market rates
  • Population of over 93,200 within a 5-mile radius, with population expected to grow over 22% within the next 5-years
  • Located in the fifth fastest-growing city in Florida and the 18th fastest-growing city in the United States
  • Cost of living is 3.1% lower than the U.S. national average, making the area attractive for both residents and businesses

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