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Views: 133 DOM: 295 Updated: 10.24.24 Posted: 01.31.24 Status: Active

Summary

Price $1,970,000
Built/Renov 2022
Tenant Dunkin' Donuts
Cap Rate 5.50%
Lease Type Abs NNN
Guarantor Franchisee
Size/SF 1,657
Lease Start 12-01-2024
#Units 75
Price/SF $1,188.90
Expiration 12-31-2039
Tenant Type Fast Food/QSR
NOI $108,350
R. Term 15.1
Ownership Fee Simple
Rent/SF $65.39
Increases 10.0%/5/yrs
Pop 5Mi 237,852
Lot/AC 0.34
Options 3/5yrs/10%
AHHI 5Mi $95,696

Lease Highlights

  • Dunkin Donuts will be executing a brand-new 15-year lease with 2 (5-year) and 1 (4-year, 6 months) options to extend
  • The lease features 10% rental increases every 5 years throughout the initial term and each option period
  • Absolute NNN lease | Zero landlord responsibilities
  • Lease guaranteed by Heartland Restaurant Group

Location Description

Dunkin' Donuts is strategically located on East Main Street, with access to 18,600 vehicles passing by daily. Nearby national retailers including CVS, Family Dollar, PNC Bank, Citizens Bank, Advance Auto Parts, and Dollar Tree. The 5-mile trade area is supported by a population of 237,852 with an average household income of $95,696. Carnegie is a borough in Allegheny County, Pennsylvania. The...

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Maps

  • 1 Mile
  • 3 Miles
  • 5 Miles

Tenant

About Tenant

Dunkin' Donuts LLC, also known as Dunkin' and by the initials DD, is an American multinational coffee and doughnut company and a quick service restaurant. The chain sells over 50 varieties...


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Demographics

  1 Miles 3 Miles 5 Miles
2028 Total Population : 10,497 90,353 238,034
2023 Total Population : 10,719 92,095 239,108
2023 Employed Civilian Pop : 6,205 52,074 129,309
2023 Total Businesses : 652 3,784 11,557
2023 Average Household Income : $ 84,334 $ 107,310 $ 108,989
2023 Total Consumer Spending : $ 381 M $ 4012 M $ 10282 M
2023 Median Age : 44 45 43
2023 Total Households : 5,159 43,334 109,074
2023 Pop Age 25+: Bachelor's Degree : 2,006 21,027 49,249
2023 Average Home Value : $ 222,602 $ 289,621 $ 285,474
*ESRI data is presented for informational purposes only

Traffic

Collection Street Cross Street Year Traffic Vol Distance
Lydia St Anthony St 2015 11,091 0.06 mi
Jane Street Hays St 2021 3,914 0.09 mi
I- 376 2021 1,818 0.09 mi
Chestnut St Lydia St 2015 8,295 0.09 mi
Chestnut Street Brown Ave 2021 5,412 0.10 mi
Chestnut St Academy St 2015 8,295 0.12 mi
East Main Street Sansbury St 2022 12,181 0.13 mi
Lydia Street Sansbury St 2020 3,001 0.13 mi
Lydia Street Sansbury St 2021 3,397 0.13 mi
I- 279 2021 2,687 0.13 mi

Listing Broker

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