Restaurant

Dunkin' Donuts (Absolute NNN)

Listing Price: $2,285,715

Cap Rate
5.25%
Tenant Name
Dunkin' Donuts
Gross SF
3,200
Guarantor
Franchisee Guarantee
Rentable SF
3,200
Price/Gross SF
$714.29
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$37.50

Investment Overview

The subject property is a two-tenant retail property. The primary end-cap retail space is leased to a Dunkin’ Donuts franchisee under a new 15-year NNN lease. The supplementary retail space will be master-leased under a NNN lease at market rents. Please see agent for further details. The primary lease provides landlord-friendly rent escalations every five years of eight percent during the initial term and at each five-year option period. The building was newly constructed and completed in 2019. It offers an award-winning contemporary design complete with a wrap-around drive-through pick-up window, outside seating area, and a marked curbside pick-up area.

Investment Highlights

  • NEW 15-YEAR NNN LEASE WITH ADDITIONAL MASTER-LEASE
  • NEWLY CONSTRUCTED TWO-TENANT BUILDING WITH DRIVE-THRU
  • IRREPLACEABLE RETAIL LOCATION SURROUNDED BY NATIONAL TENANTS

Exclusively Listed By

  • Steven J. Siegel

    Licensed Associate Real Estate Broker

    (212) 430-5166

    Email Steven

    License(s): NY: 30SI0857139, NJ: 0015107, CT: REB.0754170

    Manhattan

  • Jason Hernandez

    First Vice President Investments

    (916) 724-1300

    Email Jason

    License(s): CA: 01392646

    Sacramento

  • Michael A. Cardone

    Licensed Real Estate Salesperson

    Email Michael

    License(s): NY: 10401311477

    Manhattan

  • Christopher Pappas

    Licensed Real Estate Salesperson

    (212) 430-5180

    Email Christopher

    License(s): NY: 10401300636

    Manhattan

Restaurant

Dunkin' Donuts (Absolute NNN)

Listing Price: $2,285,715

Cap Rate
5.25%
Tenant Name
Dunkin' Donuts
Gross SF
3,200
Guarantor
Franchisee Guarantee
Rentable SF
3,200
Price/Gross SF
$714.29
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$37.50

Investment Highlights

  • NEW 15-YEAR NNN LEASE WITH ADDITIONAL MASTER-LEASE
  • NEWLY CONSTRUCTED TWO-TENANT BUILDING WITH DRIVE-THRU
  • IRREPLACEABLE RETAIL LOCATION SURROUNDED BY NATIONAL TENANTS

Investment Overview

The subject property is a two-tenant retail property. The primary end-cap retail space is leased to a Dunkin’ Donuts franchisee under a new 15-year NNN lease. The supplementary retail space will be master-leased under a NNN lease at market rents. Please see agent for further details. The primary lease provides landlord-friendly rent escalations every five years of eight percent during the initial term and at each five-year option period. The building was newly constructed and completed in 2019. It offers an award-winning contemporary design complete with a wrap-around drive-through pick-up window, outside seating area, and a marked curbside pick-up area.

Exclusively Listed By

  • Steven J. Siegel

    Licensed Associate Real Estate Broker

    (212) 430-5166

    Email Steven

    License(s): NY: 30SI0857139, NJ: 0015107, CT: REB.0754170

    Manhattan

  • Jason Hernandez

    First Vice President Investments

    (916) 724-1300

    Email Jason

    License(s): CA: 01392646

    Sacramento

  • Michael A. Cardone

    Licensed Real Estate Salesperson

    Email Michael

    License(s): NY: 10401311477

    Manhattan

  • Christopher Pappas

    Licensed Real Estate Salesperson

    (212) 430-5180

    Email Christopher

    License(s): NY: 10401300636

    Manhattan

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