Essential Properties Realty Trust Acquires Four Bay Area Restaurants

Essential Properties Realty Trust, a New Jersey-based real estate investment company, has acquired four restaurant properties across the South Bay and East Bay for a combined $10 million.

The four properties are occupied by Denny’s restaurants and Keke’s Breakfast Cafe and are located at 1015 Blossom Hill Road in San Jose, 311 South Mathilda Avenue in Sunnyvale, 8425 San Ysidro Avenue in Gilroy, and 612 Contra Costa Boulevard in Pleasant Hill, according to Mercury News. All transactions were formally completed on January 26, 2026.

The largest transaction was the sale of the Denny’s in San Jose for $4.7 million. The Keke’s Breakfast Cafe in Sunnyvale was acquired for $1.9 million. Two additional Denny’s locations were each purchased for $1.7 million. Together, the four properties make up the full $10 million portfolio…

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