commercial real estate property for sale dunkin donuts largo florida nnn single tenant the ben-moshe brothers of marcus & millichap

Dunkin' Donuts 15-Year Absolute Triple-Net (NNN)

place 7030 Ulmerton Rd, Largo, Florida, 33771

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EXECUTIVE SUMMARY

LIST PRICE $1,861,472
CAP RATE 5.50%
INCREASES 10% Every 5 Years
LEASE TERM 15 Years
OPTIONS Four 5-Year Options
LOT SIZE 39,204 SF
TYPE OF OWNERSHIP Fee Simple
GUARANTY Franchisee
TRAFFIC COUNTS Over 49,300 Cars Per Day

INVESTMENT DESCRIPTION

The Ben-Moshe Brothers of Marcus & Millichap are pleased to offer this Dunkin’ Donuts property with an absolute net 15-Year lease with zero landlord responsibilities. Dunkin' Donuts is an American global donut company and coffeehouse based in Canton, MA, in Greater Boston. It was founded in 1950 by William Rosenberg in Quincy, MA. The company is one of the largest coffee and baked goods chains in the world, with more than 12,000 restaurants in 36 countries. The chain's products include donuts, bagels, other baked goods, and a wide variety of hot and iced beverages.

INVESTMENT HIGHLIGHTS

    Brand New 15-year Lease Absolute Triple-net (NNN)
    Single-tenant Net- Leased Asset
    Zero Landlord Responsibilities
    Experienced Franchisee With Stores In FL, AL And LA
    10% Rent Escalations Every 5 Years
    Complete Remodel Scheduled 1st Quarter 2018
    Dense Residential And Industrial Area
    49,300 Vehicles Per Day On Ulmerton Rd
    Population Within 5 Miles Is 238,239/ 106,000 Households
    149,756 Daytime Employees
    Florida Tax Free State
    Minutes From St. Pete–clearwater International Airport
    Convenient Ingress And Egress

Exclusive Listing


the ben-moshe brothers of marcus millichap commercial real estate nnn caprates bmb roee ben moshe leeor ben moshe
Roee Ben-Moshe
  786-522-7083
  404-683-8383
  Email

the ben-moshe brothers of marcus millichap commercial real estate nnn caprates bmb roee ben moshe leeor ben moshe
Leeor Ben-Moshe
  786-522-7059
  404-307-7515
  Email

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