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| Price $1,375,000 | Built/Renov 1974/2014 | Tenant Dunkin’ |
| Cap Rate 6.69% | Lease Type
Abs NNN | Guarantor Corp Rated |
| Size/SF
1,547
| Lease Start
05-01-2024
| #Units
13,200
|
| Price/SF $888.82 | Expiration
04-30-2034
| Tenant Type Fast Food/QSR |
| NOI $92,000 | R. Term 8.60 | Ownership Fee Simple |
| Rent/SF
$59.47
| Increases 10.0%/6/yrs | Pop 5Mi 235,314 |
| Lot/AC 0.52 | Options 1/5yrs/10% | AHHI 5Mi $155,806 |
| | |
Longstanding Dunkin’ with over 50 years of continuous operation at this location
Absolute NNN lease commenced May 2024 with 10-year base term
Annual rent of $92,000 with 10% increases every five years
One five-year option extending potential lease term to 2039
Prime hard corner location at Marlton Pike East and Greentree Road intersection
Dense 5-mile trade area with 235,314 residents and $155,806 average household income
Offered at $1,375,000 with a 6.70% cap rate
Renovated in 2014 with strong visibility and access from two major roads
Dunkin’ is strategically located along Marlton Pike East in Cherry Hill, New Jersey, with access to a daily traffic count of approximately 98,700 vehicles. The site is surrounded by major national retailers including Whole Foods Market, ShopRite, Aldi, CVS Pharmacy, Kohl’s, Five Below, PetSmart, Staples, Planet Fitness, Advance Auto Parts, Firestone, Verizon, T-Mobile, Chipotle, McDonald’s,...
...Signalized intersection
Hard corner intersection
Major thoroughfare
Near major nationals
Top 100 MSA
Strong demographics
Absolute NNN
Long 10+ yr lease
Over 2000 units backed
25+ unit franchisee backed
Dunkin' Donuts LLC, also known as Dunkin' and by the initials DD, is an American multinational coffee and doughnut company and a quick service restaurant. The chain sells over 50...
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Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
