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INVESTMENT HIGHLIGHTS
Below Market Rent for Casual Dining in Michigan Denny's has a current annual rent of $102,060, compared to Michigan's average rent of $152,774 for casual dining restaurants.
Great Traffic Counts The Property enjoys frontage along U.S.-31, making it supremely visible to the 31,764 vehicles commuting daily, or 11.6 million per year.
Popular Summer Vacation Town Traverse City is known for its natural attractions, wine and cherry production, and its 62-mile stretch of beaches, islands, hills, and coves, the Grand Traverse lighthouses, and historic fishing village, Fishtown.
Over 20 Hotels Along U.S. 31 | Over 950 Rooms in a 2-Mile Stretch There are over 20 hotels, resorts, and short-term rental condominium complexes within two miles of the Denny’s property.
East Bay Beach District | Premier Exposure in Beach District Business Registry The East Bay Township has implemented the East Bay Beach District plan to revitalize many of the hotels, retail, and unused land along U.S. 31, including three sites that are set to be transformed into mixed-use retail and residential areas.
Traverse City State Park Beach | Almost 400K Annual Visits to State Park Denny’s is across the street from Traverse City State Park, a popular urban park and beach located two miles from downtown Traverse City. The 75-acre park is home to a modern campground, a fully equipped lodge, mini cabins, and a day-use area.
