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Restaurant

Dunkin'

6506 Weber Rd, Corpus Christi, TX 78413

Listing Price: $1,885,714

Cap Rate
5.25%
Tenant Name
Sizzling Donuts LLC
Years Remaining On Lease
19.5
Guarantor
Franchisee Guarantee
Rentable SF
900
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$110.00

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for a Dunkin’ located at 6506 Weber Road in Corpus Christi, TX. The site consists of roughly 900 rentable square feet of building space. This Dunkin Donuts is subject to a 20-year triple-net lease that commences upon the close of escrow. The annual rent will be $99,000 and is scheduled to increase by ten percent (10%) every 5 years throughout the base term. Base rent will reset to FMV in each of the four, five-year option periods.

Investment Highlights

  • Brand New Construction | Expected to Open in December 2022
  • Long-Term, 20-Year Absolute Triple Net (NNN) Lease Commencing Upon the Close of Escrow
  • Attractive Rental Increases of Ten Percent (10%) Every Five Years

Exclusively Listed By

  • Glen D. Kunofsky

    Licensed Associate Real Estate Broker

    (212) 430-5115

    Email Glen

    License(s): NY: 10301203289, NY: 109940808

    Manhattan

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s) TX: 9002994

    Texas

Listing Price: $1,885,714

Cap Rate
5.25%
Tenant Name
Sizzling Donuts LLC
Years Remaining On Lease
19.5
Guarantor
Franchisee Guarantee
Rentable SF
900
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$110.00

Investment Highlights

  • Brand New Construction | Expected to Open in December 2022
  • Long-Term, 20-Year Absolute Triple Net (NNN) Lease Commencing Upon the Close of Escrow
  • Attractive Rental Increases of Ten Percent (10%) Every Five Years

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for a Dunkin’ located at 6506 Weber Road in Corpus Christi, TX. The site consists of roughly 900 rentable square feet of building space. This Dunkin Donuts is subject to a 20-year triple-net lease that commences upon the close of escrow. The annual rent will be $99,000 and is scheduled to increase by ten percent (10%) every 5 years throughout the base term. Base rent will reset to FMV in each of the four, five-year option periods.

Exclusively Listed By

  • Glen D. Kunofsky

    Licensed Associate Real Estate Broker

    (212) 430-5115

    Email Glen

    License(s): NY: 10301203289, NY: 109940808

    Manhattan

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s): TX: 9002994

    Texas

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