Description

The Northmarq National Restaurant Group is offering a single-tenant Denny’s located at 248 Quaker Rd, Queensbury, NY 12804. The property is secured by an absolute NNN lease with a newly established 20-year term, along with 10% rent increases available every five years during renewal options. Operating successfully since 1999, this location has consistently been a top-performing Denny’s and maintains a strong 5.5% rent-to-sales ratio. The site benefits from excellent visibility and easy access from Quaker Road, which sees approximately 33,956 vehicles per day and connects directly to US Route 9 and Interstate 87, both of which experience significant traffic. Additionally, the property is surrounded by strong demand drivers, including more than 3,200 students and over 440 multifamily residential units nearby. Positioned near several leading New York retailers that act as shadow anchors, the location benefits from increased customer traffic and strong retail synergy, making it particularly attractive for casual dining. With its long-term absolute NNN lease structure, solid sales performance, and high-traffic surroundings, this investment opportunity offers a reliable combination of stability and long-term value for investors.