{"id":152110,"date":"2026-01-27T20:36:11","date_gmt":"2026-01-27T20:36:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ca\/152110\/"},"modified":"2026-01-27T20:36:11","modified_gmt":"2026-01-27T20:36:11","slug":"east-coast-investors-buy-restaurant-properties-in-south-bay-east-bay-2","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ca\/152110\/","title":{"rendered":"East Coast investors buy restaurant properties in South Bay, East Bay"},"content":{"rendered":"<p>SAN JOSE \u2014 East Coast real estate investors who seek to own small-business properties have bought several restaurant sites in the South Bay and East Bay, consisting of Denny\u2019s and Keke\u2019s dining spots.<\/p>\n<p>The just-bought properties include Denny\u2019s restaurant locations in San Jose, Gilroy and Pleasant Hill and <a href=\"https:\/\/www.mercurynews.com\/2024\/12\/13\/sunnyvale-florida-breakfast-cafe-kekes-finally-comes-to-california\/\" target=\"_blank\" rel=\"noopener nofollow\">Keke\u2019s Breakfast Cafe<\/a> in Sunnyvale, according to property records in Santa Clara County and Contra Costa County.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\" lazyautosizes lazyload\" alt=\"Keke's Breakfast Cafe is located at the Maxwell on South Mathilda Avenue in Sunnyvale and offers dedicated covered parking spaces. (Photo courtesy of Keke's)\" width=\"4032\" data- src=\"https:\/\/www.newsbeep.com\/us-ca\/wp-content\/uploads\/2026\/01\/1769546170_551_SJM-L-KEKES-1213.jpg\" data-attachment-id=\"1073014\" \/>Keke&#8217;s Breakfast Cafe at 311 South Mathilda Avenue in Sunnyvale.\u00a0(Keke&#8217;s Breakfast Cafe)<br \/>\n<img loading=\"lazy\" decoding=\"async\" class=\" lazyautosizes lazyload\" alt=\"Denny's restaurant at 612 Contra Costa Boulevard in Pleasant Hill, seen in May 2025. (Google Maps)\" width=\"987\" data- src=\"https:\/\/www.newsbeep.com\/us-ca\/wp-content\/uploads\/2026\/01\/1769546170_833_SJM-L-BAYPROPBUY-01.jpg\" \/>Denny&#8217;s restaurant at 612 Contra Costa Boulevard in Pleasant Hill, seen in May 2025.\u00a0(Google Maps)<\/p>\n<p>Essential Properties Realty Trust paid a combined $10 million for the four Bay Area restaurant sites, the real estate documents show. The sales were all formally completed on Jan. 26 with the filing of several grant deeds.<\/p>\n<p>\u201cWe acquire, own and manage single-tenant properties that are net leased to middle-market companies operating in service-oriented or experience-based businesses,\u201d <a href=\"https:\/\/essentialproperties.com\/about-us\/\" target=\"_blank\" rel=\"noopener nofollow\">Essential Properties Realty Trust<\/a> states on its website.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\" lazyautosizes lazyload\" alt=\"Denny's restaurant in Gilroy at 8425 San Ysidro Avenue. seen in March 2023. (Google Maps)\" width=\"1006\" data- src=\"https:\/\/www.newsbeep.com\/us-ca\/wp-content\/uploads\/2026\/01\/1769546171_115_SJM-L-BAYPROPBUY-02.jpg\" \/>Denny&#8217;s restaurant in Gilroy at 8425 San Ysidro Avenue. seen in March 2023.\u00a0(Google Maps)<\/p>\n<p>Here are the details of the restaurant sites, all occupied by existing dining establishments, that Essential Properties bought in the East Bay and South Bay, according to public documents:<\/p>\n<p>\u2014 Denny\u2019s site at 1015 Blossom Hill Road in south San Jose, bought for $4.7 million.<\/p>\n<p>\u2014 Keke\u2019s Breakfast Cafe location at 311 South Mathilda Ave. in Sunnyvale, purchased for $1.9 million.<\/p>\n<p>\u2014 Denny\u2019s restaurant property at 8425 San Ysidro Ave. in Gilroy, bought for $1.7 million.<\/p>\n<p>\u2014 Denny\u2019s location at 612 Contra Costa Blvd. in Pleasant Hill, purchased for $1.7 million.<\/p>\n<p>Restaurants, car washes, automotive services, medical services, convenience stores, entertainment, health and fitness, and early childhood education sites are all properties that entice Essential Properties, the company\u2019s website shows.<\/p>\n<p>New Jersey-based Essential Properties believes such businesses can thrive in a retailing environment that includes some titan-sized tech companies.<\/p>\n<p>\u201cThese businesses exhibit favorable growth characteristics and are generally insulated from e-commerce pressure,\u201d Essential Properties states on its website.<\/p>\n<p>\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"SAN JOSE \u2014 East Coast real estate investors who seek to own small-business properties have bought several restaurant&hellip;\n","protected":false},"author":2,"featured_media":151798,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29],"tags":[184,26949,387,7,390,3010,392,1335,332,383,187,181,100,12464,388,88,90,89,198,200,203],"class_list":["post-152110","post","type-post","status-publish","format-standard","has-post-thumbnail","category-san-jose","tag-bay-area","tag-blossom-valley","tag-business","tag-california","tag-central-contra-costa","tag-commercial-real-estate","tag-contra-costa-county","tag-development","tag-east-bay","tag-economy","tag-gilroy","tag-latest-headlines","tag-news","tag-pleasant-hill","tag-real-estate","tag-san-jose","tag-san-jose-headlines","tag-san-jose-news","tag-santa-clara-county","tag-south-bay","tag-sunnyvale"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts\/152110","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/comments?post=152110"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts\/152110\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/media\/151798"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/media?parent=152110"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/categories?post=152110"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/tags?post=152110"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}