» 16‑YEAR ABSOLUTE‑NET LEASE | ZERO LANDLORD RESPONSIBILITIES
Landlord is fully pass‑through—no expense obligations for roof, structure, or site; tenant pays ground lease rent of $107,800 in addition to base rent.

» 10% RENTAL INCREASES EVERY 5 YEARS
Scheduled escalations compound NOI from $180K → $198K → $217,800 → $239,580 across the term, aligning with ground lease co‑termination.

» 2022 CONSTRUCTION | SIGNATURE DENNY’S FORMAT (4,500 SF + AMPLE PARKING) Recent‑build, free‑standing facility on a 1.64‑acre site with full surface parking—ideal for dine‑in and drive‑thru traffic.

» PRIME RETAIL CORRIDOR | HIGH VISIBILITY ON WASHINGTON STREET
Located on a major east–west commercial artery in Palm Desert, within walking distance to El Paseo, anchored by thriving local and regional retailers.

» HIGH‑TRAFFIC CO‑TENANCY | NEAR ZIELONA STREET RETAIL NODES
Surrounded by established restaurants, banks, and service businesses, benefiting from both year‑round and seasonal Coachella Valley tourism.

» AFFLUENT, AGING DEMOGRAPHIC WITH SEASONAL BOOST
Palm Desert (pop. ~51K, median age 56.7) draws a mature, stable population base with strong discretionary income and sustained resort‑tourism appeal.