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Views: 145 DOM: 41 Updated: 08.31.24 Posted: 08.06.24 Status: Active

Summary

Price $2,265,000
Built/Renov 2024
Tenant Dunkin' Donuts
Cap Rate 4.86%
Lease Type NN+
Guarantor Franchisee
Size/SF 3,000
Lease Start 10-01-2024
#Units 1
Price/SF $755.00
Expiration 10-01-2054
Tenant Type Fast Food/QSR
NOI $110,000
R. Term 30.0
Ownership Fee Simple
Rent/SF $36.67
Increases 10.0%/5/yrs
Pop 5Mi 38,209
Lot/AC 0.87
Options 2/10yrs/10%
AHHI 5Mi $157,733

Lease Highlights

  • Brand-new 2024 construction
  • New 30-year lease with 2 (10-year) options to extend
  • The lease features 10% rental escalations throughout the initial term and option periods
  • Favorable NN+ lease with landlord responsible for roof and structure
  • Lease guaranteed by ABDD VI LLC one of the largest Dunkin' franchisee's in the nation

Location Description

Dunkin' Donuts is strategically located on State Highway 55, with access to 14,300 vehicles passing by daily. The property is a new construction, relocated from its previous building less than 1 mile away. Additionally, it benefits from a rare drive-thru, which is difficult to get approved in this area. The site is in close proximity to Arlington High School, which has an enrollment of 2,517...

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Maps

  • 1 Mile
  • 3 Miles
  • 5 Miles

Tenant

  • Tenant: Dunkin' Donuts
  • Guarantor:Franchisee
  • Company:ABDD VI LLC
  • # Units:1
  • Tenant S&P: B+
  • Moody’s: B2
  • Stock:Private

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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