loader
Join Free
Views: 187 DOM: 107 Updated: 10.15.24 Posted: 08.06.24 Status: Active

Summary

Price $2,156,860
Built/Renov 2024
Tenant Dunkin' Donuts
Cap Rate 5.10%
Lease Type NN+
Guarantor Franchisee
Size/SF 3,000
Lease Start 10-01-2024
#Units 1
Price/SF $718.95
Expiration 10-01-2054
Tenant Type Fast Food/QSR
NOI $110,000
R. Term 29.10
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...

...

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...


...

Demographics

  1 Miles 3 Miles 5 Miles
2029 Total Population : 774 10,417 38,075
2024 Total Population : 774 10,489 38,209
2024 Employed Civilian Pop : 450 5,503 19,596
2024 Total Businesses : 134 363 1,211
2024 Average Household Income : $ 151,945 $ 164,463 $ 157,733
2024 Total Consumer Spending : $ 44 M $ 525 M $ 1852 M
2024 Median Age : 43 43 44
2024 Total Households : 340 3,777 13,821
2024 Pop Age 25+: Bachelor's Degree : 123 1,787 6,209
2024 Average Home Value : $ 546,393 $ 537,266 $ 504,468
*ESRI data is presented for informational purposes only

Traffic

Collection Street Cross Street Year Traffic Vol Distance
State Rte 55 2021 732 0.12 mi
Taconic State Parkway Freedom Plains Rd 2018 21,264 0.14 mi
Freedom Plains Rd 2021 732 0.15 mi
Freedom Plains Rd State Rte 55 2018 2,812 0.15 mi
Taconic State Parkway 2018 3,227 0.15 mi
State Rte 55 2021 2,056 0.15 mi
Taconic State Pkwy Freedom Plains Rd 2018 495 0.15 mi
Taconic State Pkwy 2021 1,266 0.18 mi
Freedom Plains Rd 2021 584 0.18 mi
Freedom Plains Rd Stringham Rd 2008 16,760 0.19 mi

Listing Broker

Loading...
Disclaimer & Confidentiality
All information, content, data, and other materials on this Platform (“Content”) is made available to you on an “AS IS” basis without warranties of any kind, express or implied. All such Content is made available for informational purposes only and should not be relied on by you for any purpose. Content may contain errors, may be inaccurate or incomplete and/or, due to changing circumstances or other causes, may change or ultimately prove to be inaccurate or incomplete. Other than as set forth in our Terms of Service we do not have any control over your use of our Services or any Content. You should not use any such Services or any Content without validating the results through independent research, obtaining up-to-date information, and considering all relevant facts and circumstances, including your specific situation (financial or otherwise). We do not recommend, guarantee, or represent that the Services or any Content will predict the future performance of real estate assets or other assets of any kind. Moreover, we do not warrant the performance or results that may be obtained by using any of the foregoing. WE ARE NOT ENGAGED IN RENDERING TAX, LEGAL, INVESTMENT, FINANCIAL OR RISK MANAGEMENT ADVICE, AND THE RESULTS OF USE OF OUR SERVICES AND ANY CONTENT MUST NOT BE REGARDED OR REPRESENTED AS CONSTITUTING SUCH ADVICE. WE DO NOT MAKE ANY REPRESENTATIONS OR WARRANTIES REGARDING THE ACCURACY OF ANY CONTENT AND/OR PROJECTIONS GENERATED BY THE SERVICES OR ANY CONTENT

GET IN TOUCH

my activity