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Restaurant

Dunkin'

1459 State Rt 17B, White Lake, NY 12786

Listing Price: $1,600,000

Cap Rate
5.00%
Tenant Name
Dunkin'
Years Remaining On Lease
16.9
Gross SF
1,700
Guarantor
Franchisee Guarantee
Rentable SF
1,700
Price/Gross SF
$941.18
Lease Type
NNN Ground Lease
Rent Per Square Feet
$47.06

Investment Overview

This Dunkin' has great visibility as it is favorably situated near the southern terminus of Swan Lake Road (3,650 VPD) on New York State Route 17-B (8,825 VPD). The subject property is in an area with a population of nearly 28,000 people living within a ten-mile radius with an average annual household income exceeding $62,000. This Dunkin' provides an ideal opportunity for qualified investors and 1031 exchange buyers to purchase a long-term net leased asset with zero landlord responsibilities and a strong built in hedge against inflation tenanted by a proven operator of one of the world's most recognizable quick service restaurant brands.

Investment Highlights

  • 19 YEARS REMAINING ON 20-YEAR ABSOLUTE NNN GROUND LEASE
  • STRONG AVERAGE ANNUAL HOUSEHOLD INCOME
  • RECENTLY CONSTRUCTED BUILDING WITH DRIVE-THRU
  • HIGHLY FREQUENTED WHITE LAKE RETAIL LOCATION
  • WELL-ESTABLISHED AND EXPANDING FRANCHISEE

Exclusively Listed By

Broker of Record

  • John Horowitz

    Broker of Record

    (718) 475-4300

    License(s) NY: 10311204479

    New York

Financing By

Listing Price: $1,600,000

Cap Rate
5.00%
Tenant Name
Dunkin'
Years Remaining On Lease
16.9
Gross SF
1,700
Guarantor
Franchisee Guarantee
Rentable SF
1,700
Price/Gross SF
$941.18
Lease Type
NNN Ground Lease
Rent Per Square Feet
$47.06

Investment Highlights

  • 19 YEARS REMAINING ON 20-YEAR ABSOLUTE NNN GROUND LEASE
  • STRONG AVERAGE ANNUAL HOUSEHOLD INCOME
  • RECENTLY CONSTRUCTED BUILDING WITH DRIVE-THRU
  • HIGHLY FREQUENTED WHITE LAKE RETAIL LOCATION
  • WELL-ESTABLISHED AND EXPANDING FRANCHISEE

Investment Overview

This Dunkin' has great visibility as it is favorably situated near the southern terminus of Swan Lake Road (3,650 VPD) on New York State Route 17-B (8,825 VPD). The subject property is in an area with a population of nearly 28,000 people living within a ten-mile radius with an average annual household income exceeding $62,000. This Dunkin' provides an ideal opportunity for qualified investors and 1031 exchange buyers to purchase a long-term net leased asset with zero landlord responsibilities and a strong built in hedge against inflation tenanted by a proven operator of one of the world's most recognizable quick service restaurant brands.

Exclusively Listed By

Broker of Record

  • John Horowitz

    Broker of Record

    (718) 475-4300

    License(s): NY: 10311204479

    New York

Financing By

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