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Restaurant

Dunkin' | 20 Years Remain | Hudson River Valley | Strong Franchisee

1462 NY-28, West Hurley, NY 12491

Listing Price: $1,818,182

Cap Rate
5.50%
Tenant Name
Dunkin'
Years Remaining On Lease
19.4
Guarantor
Franchisee Guarantee
Rentable SF
940
Lease Type
NNN Ground Lease
Rent Per Square Feet
$106.38

Investment Overview

The Tenant is subject to a new 20-year NNN ground lease to commence in Fall 2024. The lease features rental increases of 10 percent every five years during the base term and five, five-year option periods, providing an excellent hedge against inflation. Dunkin’ will operate in a 940-square-foot drive-thru only location at the signaled intersection of Route 28 and Route 375. The property has full movement access along Route 375 and right-in/right-out access along Route 28. These two heavily traveled roads average a total of 21,123 vehicles per day.

Investment Highlights

  • New 20-Year Ground Lease with 10% Increases Every 5 Years
  • Going-to-Work Side, Signaled Corner Parcel to 21,123 VPD
  • Historic Hudson Valley Submarket; Restrictive to New Commercial Developments

Exclusively Listed By

  • Dean Zang

    Maryland Licensed Real Estate Salesperson

    (202) 536-3754

    Email Dean

    License(s): MD: 665335, VA: 0225239201

    Washington, D.C.

  • David S. Crotts

    Maryland Licensed Real Estate Salesperson

    (202) 536-3757

    Email David

    License(s): MD: 652010, VA: 0225208906, DC: SP98374073

    Washington, D.C.

Broker of Record

  • John Horowitz

    Broker of Record

    (212) 430-5100

    License(s) NY: 10311204479

    New York

Restaurant

Dunkin' | 20 Years Remain | Hudson River Valley | Strong Franchisee

Listing Price: $1,818,182

Cap Rate
5.50%
Tenant Name
Dunkin'
Years Remaining On Lease
19.4
Guarantor
Franchisee Guarantee
Rentable SF
940
Lease Type
NNN Ground Lease
Rent Per Square Feet
$106.38

Investment Highlights

  • New 20-Year Ground Lease with 10% Increases Every 5 Years
  • Going-to-Work Side, Signaled Corner Parcel to 21,123 VPD
  • Historic Hudson Valley Submarket; Restrictive to New Commercial Developments

Investment Overview

The Tenant is subject to a new 20-year NNN ground lease to commence in Fall 2024. The lease features rental increases of 10 percent every five years during the base term and five, five-year option periods, providing an excellent hedge against inflation. Dunkin’ will operate in a 940-square-foot drive-thru only location at the signaled intersection of Route 28 and Route 375. The property has full movement access along Route 375 and right-in/right-out access along Route 28. These two heavily traveled roads average a total of 21,123 vehicles per day.

Exclusively Listed By

  • Dean Zang

    Maryland Licensed Real Estate Salesperson

    (202) 536-3754

    Email Dean

    License(s): MD: 665335, VA: 0225239201

    Washington, D.C.

  • David S. Crotts

    Maryland Licensed Real Estate Salesperson

    (202) 536-3757

    Email David

    License(s): MD: 652010, VA: 0225208906, DC: SP98374073

    Washington, D.C.

Broker of Record

  • John Horowitz

    Broker of Record

    (212) 430-5100

    License(s): NY: 10311204479

    New York

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