Investment Overview

Marcus & Millichap is pleased to introduce this standalone Dunkin’ located at 1484 Mineral Spring Avenue in North Providence, RI. Operated by the world’s largest Dunkin’ franchisee, with over 200 units, the property features a personal guarantee from the CEO, ensuring strong franchisee backing. Established in 1979, this 2,410-square-foot store sits on a 0.29-acre lot and boasts a convenient drive-thru, contributing to its robust performance. The property is situated on heavily trafficked Mineral Spring Avenue, the primary retail corridor of North Providence, which sees over 22,000 vehicles daily and connects to major routes, including RI Routes 7 and 146. The surrounding area is densely populated, with 165,000 residents within a three-mile radius and 384,000 within five miles, and benefits from an above-average household income profile. National tenants like Taco Bell, Wendy’s, Shaw’s, and Lowe’s Home Improvement further bolster the area’s retail presence, drawing consistent consumer traffic. The site is secured by an absolute NNN lease with over 8 years remaining on a 15-year term (signed June 2018). The lease includes a favorable structure, offering reliable base rent plus additional income through a 10% percentage rent clause tied to gross sales, which is consistently achieved. The property’s long-standing operation and prime location ensure stable performance and an attractive investment opportunity.