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Restaurant

Dunkin' - 150+ Unit Operator | Under Market Rent - Phoenix Infill Location

2033 E Southern Ave, Mesa, AZ 85204

Listing Price: $2,041,000

Cap Rate
4.90%
Tenant Name
Dunkin'
Years Remaining On Lease
13.8
Gross SF
3,063
Guarantor
Franchisee Guarantee
Rentable SF
3,063
Price/Gross SF
$666.34
Lease Type
Double Net
Rent Per Square Feet
$32.65

Investment Overview

Dunkin’ is the world’s leading baked goods and coffee chain, serving more than 3 million customers each and every day. The chain offers over 50 varieties of donuts, but customers can also enjoy dozens of premium beverages, bagels, breakfast sandwiches and other baked goods. Quality Brand Group is the largest Dunkin’ Franchisee west of the Mississippi River with a total of approximately 150+ stores in Arizona, Texas, Colorado, Nevada, and Florida.

Mesa is the third largest city in Arizona, after Phoenix and Tucson, and the 38th largest city in the U.S. It is home to numerous higher education facilities, including the Polytechnic campus of Arizona State University. The city’s top employers include Banner Health, Boeing, Walmart, Fry’s Food & Drug, and The Home Depot.

Investment Highlights

  • 14 Years Remaining on Double-Net Lease with 150+ Unit Franchisee (Lease Entity Guarantees 82+ Dunkin' Locations in Arizona)
  • High-Quality 2023 Remodel with a Drive-Thru
  • 10 percent Rental Increases Every Five Years with Multiple Renewal Options
  • Dense Phoenix Infill with 416,260 Residents within a Five-Mile Radius
  • Hard Corner Location, Visible to More Than 114,500 Combined Cars per Day at Intersection of S Gilbert Rd & E Southern Ave
  • Surrounded by National Retail Tenants: Target, CVS, Harbor Freight, AutoZone, Trader Joe's, Sam's Club, Walmart Supercenter, and Many More
  • Located Two Miles Off the US-60, a Major Connector for the Phoenix Area with Over 218,400 Cars Per Day
  • Excellent Location Along Prime Retail Corridor with Immediate Proximity to Major Shopping Centers: Mesa Grand, Mesa Shores, Village Square at Dana Park, Greenfield Gateway, and Many More

Exclusively Listed By

Broker of Record

  • Ryan Sarbinoff

    First Vice President/Regional Manager

    (602) 687-6700

    License(s) AZ: BR675146000

    Arizona

Financing By

Restaurant

Dunkin' - 150+ Unit Operator | Under Market Rent - Phoenix Infill Location

Listing Price: $2,041,000

Cap Rate
4.90%
Tenant Name
Dunkin'
Years Remaining On Lease
13.8
Gross SF
3,063
Guarantor
Franchisee Guarantee
Rentable SF
3,063
Price/Gross SF
$666.34
Lease Type
Double Net
Rent Per Square Feet
$32.65

Investment Highlights

  • 14 Years Remaining on Double-Net Lease with 150+ Unit Franchisee (Lease Entity Guarantees 82+ Dunkin' Locations in Arizona)
  • High-Quality 2023 Remodel with a Drive-Thru
  • 10 percent Rental Increases Every Five Years with Multiple Renewal Options
  • Dense Phoenix Infill with 416,260 Residents within a Five-Mile Radius
  • Hard Corner Location, Visible to More Than 114,500 Combined Cars per Day at Intersection of S Gilbert Rd & E Southern Ave
  • Surrounded by National Retail Tenants: Target, CVS, Harbor Freight, AutoZone, Trader Joe's, Sam's Club, Walmart Supercenter, and Many More
  • Located Two Miles Off the US-60, a Major Connector for the Phoenix Area with Over 218,400 Cars Per Day
  • Excellent Location Along Prime Retail Corridor with Immediate Proximity to Major Shopping Centers: Mesa Grand, Mesa Shores, Village Square at Dana Park, Greenfield Gateway, and Many More

Investment Overview

Dunkin’ is the world’s leading baked goods and coffee chain, serving more than 3 million customers each and every day. The chain offers over 50 varieties of donuts, but customers can also enjoy dozens of premium beverages, bagels, breakfast sandwiches and other baked goods. Quality Brand Group is the largest Dunkin’ Franchisee west of the Mississippi River with a total of approximately 150+ stores in Arizona, Texas, Colorado, Nevada, and Florida. Mesa is the third largest city in Arizona, after Phoenix and Tucson, and the 38th largest city in the U.S. It is home to numerous higher education facilities, including the Polytechnic campus of Arizona State University. The city’s top employers include Banner Health, Boeing, Walmart, Fry’s Food & Drug, and The Home Depot.

Exclusively Listed By

Broker of Record

  • Ryan Sarbinoff

    First Vice President/Regional Manager

    (602) 687-6700

    License(s): AZ: BR675146000

    Arizona

Financing By

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