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Restaurant

Dunkin Donuts

300 S Water St, Kittanning, PA 16201

Listing Price: $1,368,000

Cap Rate
4.75%
Tenant Name
Dunkin Donuts
Years Remaining On Lease
14.4
Guarantor
Franchisee Guarantee
Rentable SF
1,849
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$35.15

Investment Overview

Marcus & Millichap is pleased to exclusively present a new 15-year absolute NNN ground lease located in 300 South Water Street, Kittanning, Pennsylvania.

Investment Highlights

  • 10% Rent Increases Every Five Years
  • Lease Guaranteed by Heartland Restaurant Group (70-Unit Operator)
  • Tenant has Plans to Renovate the Building in Next 24 Months

Broker of Record

  • Sean Beuche

    Vice President/Regional Manager

    (215) 531-7000

    License(s) PA: RM424190

    Pennsylvania

Restaurant

Dunkin Donuts

Listing Price: $1,368,000

Cap Rate
4.75%
Tenant Name
Dunkin Donuts
Years Remaining On Lease
14.4
Guarantor
Franchisee Guarantee
Rentable SF
1,849
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$35.15

Investment Highlights

  • 10% Rent Increases Every Five Years
  • Lease Guaranteed by Heartland Restaurant Group (70-Unit Operator)
  • Tenant has Plans to Renovate the Building in Next 24 Months

Investment Overview

Marcus & Millichap is pleased to exclusively present a new 15-year absolute NNN ground lease located in 300 South Water Street, Kittanning, Pennsylvania.

Broker of Record

  • Sean Beuche

    Vice President/Regional Manager

    (215) 531-7000

    License(s): PA: RM424190

    Pennsylvania

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