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Restaurant

Dunkin'

411 Violet Ave, Poughkeepsie, NY 12601

Listing Price: $1,481,916

Cap Rate
5.36%
Tenant Name
Dunkin'
Years Remaining On Lease
14.6
Gross SF
1,288
Guarantor
Personal Guarantee
Rentable SF
1,288
Price/Gross SF
$1,150.56
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$61.62

Investment Overview

» Successful Franchisee | 14 unit Operator with all locations exclusively within Dutchess County » Internationally Recognized Brand | Dunkin’ is a global donut and coffee chain with over 13,000 locations in more than 36 countries. » No Competition | The Subject Dunkin’ is the only QSR Fast Food Destination in a 2-Mile Radius. » Sales Growth | The Subject Dunkin’ has an Average Sales Growth of 3% Per Year Since Commencement.

Investment Highlights

  • Long Term Commitment | Tenant Has Over 14 Years of Lease Term Remaining with Two, 5-Year Options to Extend Their Lease.
  • NOI Growth | 12% Rental Increases Every 5 Years. Next Rental Increase to Occur in September 2027.
  • Zero Landlord Responsibilities | NNN Lease Type. Tenant Pays for CAM, Taxes, Insurance, and Maintains All Aspects of the Premises.
  • Sales Excess | 8% of Gross Sales Exceeding the Current Base Rent Is Paid to Landlord as Sales Excess. Tenant has paid Sales Excess to Landlord Every Year Since Commencement.

Exclusively Listed By

Broker of Record

  • John Horowitz

    Broker of Record

    (718) 475-4300

    License(s) NY: 10311204479

    New York

Listing Price: $1,481,916

Cap Rate
5.36%
Tenant Name
Dunkin'
Years Remaining On Lease
14.6
Gross SF
1,288
Guarantor
Personal Guarantee
Rentable SF
1,288
Price/Gross SF
$1,150.56
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$61.62

Investment Highlights

  • Long Term Commitment | Tenant Has Over 14 Years of Lease Term Remaining with Two, 5-Year Options to Extend Their Lease.
  • NOI Growth | 12% Rental Increases Every 5 Years. Next Rental Increase to Occur in September 2027.
  • Zero Landlord Responsibilities | NNN Lease Type. Tenant Pays for CAM, Taxes, Insurance, and Maintains All Aspects of the Premises.
  • Sales Excess | 8% of Gross Sales Exceeding the Current Base Rent Is Paid to Landlord as Sales Excess. Tenant has paid Sales Excess to Landlord Every Year Since Commencement.

Investment Overview

» Successful Franchisee | 14 unit Operator with all locations exclusively within Dutchess County » Internationally Recognized Brand | Dunkin’ is a global donut and coffee chain with over 13,000 locations in more than 36 countries. » No Competition | The Subject Dunkin’ is the only QSR Fast Food Destination in a 2-Mile Radius. » Sales Growth | The Subject Dunkin’ has an Average Sales Growth of 3% Per Year Since Commencement.

Exclusively Listed By

Broker of Record

  • John Horowitz

    Broker of Record

    (718) 475-4300

    License(s): NY: 10311204479

    New York

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