Dunkin' Donuts

100 Rte 40, Perryville, MD 21903

$1,650,000

Cap Rate 6.33%

$1,988,000

Cap Rate 5.25%

Views: 427 DOM: 703 Updated: 08.16.24 Posted: 09.13.22 Status: Sold 08.16.24

Summary

Price $1,650,000 $1,988,000	Built/Renov 2007	Tenant Dunkin' Donuts
Cap Rate 6.33% 5.25%	Lease Type Abs NNN	Guarantor Franchisee
Size/SF 3,600	Lease Start 03-27-2007	#Units 70
Price/SF $458.33 $552.22	Expiration 03-31-2027	Tenant Type Fast Food/QSR
NOI $104,370	R. Term 2.6	Ownership Fee Simple
Rent/SF $28.99	Increases 0.0%/0/yrs	Pop 5Mi 30,927
Lot/AC 0.94	Options 0/0yrs	AHHI 5Mi $106,449

Lease Highlights

Over 2.5 lease years remaining
Lease is Absolute NNN
Proven retail location
Owned by The Hari Group – experienced franchisee with over 70 locations

Location Description

Dunkin is strategically positioned on U.S. Route 40, a major regional thoroughfare serving over 26,700 vehicles per day. Ideally situated as an outparcel to a grocery anchored shopping center, Food Lion, and benefits from its location next to Perryville High School (754+ students), Perryville Middle School (585+ students), and Perryville Elementary (371+ students). Additionally, the property is...

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Key Features

In location for years
Shopping Ctr out-parcel
Highway location
Strong tenant synergy
Major MSA
Population increase trend
Long operation history
Absolute NNN
50+ unit franchisee backed

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Links

Dunkin' Wikipedia Dunkin' Wikipedia Perryville, Maryland Zip Code 21903 Broker Site Page

Maps

Local Information

1 Mile
3 Miles
5 Miles

Tenant

Tenant: Dunkin' Donuts
Guarantor:Franchisee
Company:The Hari Group
# Units:70
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, as well as a quick service restaurant. The chain sells over 50...

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Demographics

	1 Miles	3 Miles	5 Miles
2027 Total Population :	3,384	20,644	30,671
2022 Total Population :	3,451	20,370	30,329
2022 Employed Civilian Pop :	1,761	10,632	15,692
2022 Total Businesses :	92	735	962
2022 Average Household Income :	$ 94,631	$ 117,656	$ 121,348
2022 Total Consumer Spending :	$ 126 M	$ 838 M	$ 1274 M
2022 Median Age :	46	43	45
2022 Total Households :	1,584	8,410	12,405
2022 Pop Age 25+: Bachelor's Degree :	475	3,074	4,427
2022 Average Home Value :	$ 423,582	$ 379,242	$ 363,129

*ESRI data is presented for informational purposes only

Traffic

Collection Street	Cross Street	Year	Traffic Vol	Distance
Pulaski Hwy	Roundhouse Dr	2013	27,464	0.12 mi
Roundhouse Drive		2017	1,130	0.16 mi
Pulaski Highway		2017	28,106	0.46 mi
Pulaski Highway	Aiken Ave	2018	27,946	0.51 mi
Broad Street		2017	4,502	0.55 mi
Broad Street	Susquehanna Ave	2018	4,463	0.55 mi
Aiken Avenue		2017	6,262	0.57 mi
Aiken Avenue	Otsego St	2018	5,890	0.59 mi
Frenchtown Rd	Sumpter Dr	2018	1,121	0.59 mi
Aiken Ave	Richmond St	2013	8,681	0.61 mi

Listing Broker

Eric Carlton

Colliers NNN Group

Contact

165 Listings
17919 Views
56 Sold

Jereme Snyder

Colliers NNN Group

Contact

153 Listings
16640 Views
53 Sold

Eric Carlton

Eric Carlton serves as Executive Vice President within the Retail Capital Markets Group of Greater Los Angeles, Partner of the Colliers NNN Group, and Co-Founder of the Snyder/Carlton Team for Colliers International nationwide. The Colliers Retail Services Group is an integrated team of professionals with specialties in representing landlords and tenants with leasing needs, managing the acquisitions and dispositions of retail properties, enhancing values through asset management and assisting i

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Jereme Snyder

Jereme S. Snyder is a Executive Vice President within the Retail Services Group in Greater Los Angeles and a Director of Colliers NNN Group for Colliers International nationwide. The Colliers Retail Services Team is an integrated team of professionals with specialties in representing landlords and tenants with leasing needs, managing the acquisitions and dispositions of retail properties, enhancing values through asset management and assisting in debt solutions. Colliers NNN Group is a national

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