Restaurant
Dunkin' Donuts
151 E Commerce St, Hernando, MS 38632
Listing Price: $1,714,321
Cap Rate
5.60%
Tenant Name
Dunkin' Donuts
Years Remaining On Lease
12.6
Guarantor
Franchisee Guarantee
Rentable SF
2,016
Lease Type
Double Net
Rent Per Square Feet
$47.62
Investment Overview
The offering consists of a long-term leased, single tenant Dunkin' Donuts built in 2024. The property is located approximately 25-miles south of downtown Memphis, Tennessee in the highly desirable and growing suburb of Hernando, Mississippi.
Investment Highlights
- Favorable Tenant - Established multistate Dunkin' Donuts franchisee with over 20 years of experience and continued growth
- Double Net (NN) Lease - Minimal Landlord expense and maintenance responsibilities
- Fixed Rental Increases - 10% Rental Increases every 5 years
- Scheduled Rental Increase in Approximately 2.5 Years - Increasing Cap Rate to 6.16%
- Kroger Marketplace - In close proximity to the #3 Kroger out of 29 in Mississippi (Placer.ai). This Kroger Marketplace with fuel is in the 90th percentile nationwide (Placer.ai) and anchors the retail corridor, with surrounding retail including McDonald's, Whataburger, Wendy's Starbuck's, Circle K, Waffle House, AutoZone, O'Reilly Auto Parts, Caliber Collision, Sherwin Williams, Dollar Tree, H&R Block, multiple banks, and numerous other local and national businesses in the area
- Walmart Supercenter - Further enhancing the area is a Walmart Supercenter located approximately a mile to the east with additional retailers including Zaxby's, Taco Bell, KFC, Sonic Drive-In, Arby's, Walgreen's and many others, including a variety of other amenities and Hospitality uses
- Growing, Award Winning Community - Hernando, Mississippi serves as a county seat with top-rated schools, and is a suburb of Memphis, TN
- Strong Demographics - Average Household Income of $112,956 and over 26,405 residents in a 5-mile radius
Broker of Record
Financing By
Listing Price: $1,714,321
Cap Rate
5.60%
Tenant Name
Dunkin' Donuts
Years Remaining On Lease
12.6
Guarantor
Franchisee Guarantee
Rentable SF
2,016
Lease Type
Double Net
Rent Per Square Feet
$47.62
Investment Highlights
- Favorable Tenant - Established multistate Dunkin' Donuts franchisee with over 20 years of experience and continued growth
- Double Net (NN) Lease - Minimal Landlord expense and maintenance responsibilities
- Fixed Rental Increases - 10% Rental Increases every 5 years
- Scheduled Rental Increase in Approximately 2.5 Years - Increasing Cap Rate to 6.16%
- Kroger Marketplace - In close proximity to the #3 Kroger out of 29 in Mississippi (Placer.ai). This Kroger Marketplace with fuel is in the 90th percentile nationwide (Placer.ai) and anchors the retail corridor, with surrounding retail including McDonald's, Whataburger, Wendy's Starbuck's, Circle K, Waffle House, AutoZone, O'Reilly Auto Parts, Caliber Collision, Sherwin Williams, Dollar Tree, H&R Block, multiple banks, and numerous other local and national businesses in the area
- Walmart Supercenter - Further enhancing the area is a Walmart Supercenter located approximately a mile to the east with additional retailers including Zaxby's, Taco Bell, KFC, Sonic Drive-In, Arby's, Walgreen's and many others, including a variety of other amenities and Hospitality uses
- Growing, Award Winning Community - Hernando, Mississippi serves as a county seat with top-rated schools, and is a suburb of Memphis, TN
- Strong Demographics - Average Household Income of $112,956 and over 26,405 residents in a 5-mile radius
Investment Overview
The offering consists of a long-term leased, single tenant Dunkin' Donuts built in 2024. The property is located approximately 25-miles south of downtown Memphis, Tennessee in the highly desirable and growing suburb of Hernando, Mississippi.
Broker of Record
Financing By