Restaurant
Krispy Kreme | Absolute NNN Corporate Drive-Thru
1144 Ruben M Torres Blvd, Brownsville, TX 78521
Listing Price: $1,331,000
Investment Overview
Headquartered in Charlotte, North Carolina, Krispy Kreme (NASDAQ: DNUT) is one of the world’s most recognizable sweet treat brands, best known for its iconic Original Glazed doughnut and signature hot, melt-in-your-mouth experience. Founded in 1937, the company serves customers through an omnichannel network that includes fresh doughnut shops, retail partnerships with leading grocery and convenience retailers, and e-commerce and delivery channels across more than 35 countries.
Brownsville is located in Cameron County, at the southernmost tip of Texas along the Rio Grande, directly across the border from Matamoros, Tamaulipas, Mexico. The city’s population is estimated at approximately 190,000 residents, making it one of the largest cities in the Rio Grande Valley.
Krispy Kreme | Absolute NNN Corporate Drive-Thru
Investment Highlights
- Five Years Remaining on Absolute Triple-Net Lease
- Ten Percent Rental Increases and Multiple Renewal Options
- Visible by Approximately 42,870 Cars per Day Along Ruben M Torres Blvd
- Easily Accessible by Approximately 70,250 Cars Per Day Along US Hwy 69E
- 178,976 Residents within a Five-Mile Radius - Projected to Increase More Than 2.91 Percent by 2030
- Average Household Income Exceeds $71,700 in the Surrounding Area
- Located in a Major Retail Center Across the Street from Sunrise Mall
- Surrounded by National Tenants: Main Event, DICK's Sporting Goods, JCPenney, Dillard's, Sonic, and More
Exclusively Listed By
Broker of Record
-
Tim Speck
Executive Managing Director, Chief Revenue Officer -Texas/Mountain States/Pacific Northwest Division
Financing By
Restaurant
Krispy Kreme | Absolute NNN Corporate Drive-Thru
Listing Price: $1,331,000
Investment Highlights
- Five Years Remaining on Absolute Triple-Net Lease
- Ten Percent Rental Increases and Multiple Renewal Options
- Visible by Approximately 42,870 Cars per Day Along Ruben M Torres Blvd
- Easily Accessible by Approximately 70,250 Cars Per Day Along US Hwy 69E
- 178,976 Residents within a Five-Mile Radius - Projected to Increase More Than 2.91 Percent by 2030
- Average Household Income Exceeds $71,700 in the Surrounding Area
- Located in a Major Retail Center Across the Street from Sunrise Mall
- Surrounded by National Tenants: Main Event, DICK's Sporting Goods, JCPenney, Dillard's, Sonic, and More
Investment Overview
Headquartered in Charlotte, North Carolina, Krispy Kreme (NASDAQ: DNUT) is one of the world’s most recognizable sweet treat brands, best known for its iconic Original Glazed doughnut and signature hot, melt-in-your-mouth experience. Founded in 1937, the company serves customers through an omnichannel network that includes fresh doughnut shops, retail partnerships with leading grocery and convenience retailers, and e-commerce and delivery channels across more than 35 countries. Brownsville is located in Cameron County, at the southernmost tip of Texas along the Rio Grande, directly across the border from Matamoros, Tamaulipas, Mexico. The city’s population is estimated at approximately 190,000 residents, making it one of the largest cities in the Rio Grande Valley.
Exclusively Listed By
Broker of Record
-
Tim Speck
Executive Managing Director, Chief Revenue Officer -Texas/Mountain States/Pacific Northwest Division
Financing By
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