Dunkin’ Donuts

Tenant

Dunkin' Donuts

Location

Philadelphia, PA

Price

$800,000

CAP Rate

5.73%

NOI

$45,850

Lease Term

40 Years

Occupancy

100%

Building Size

1,880 SF

Property Type

Single Tenant

Year Built

1983

Lot Size

0.18 Acres

Status

Closed

Property Contacts:

Karly Iacono

Associate Director

201-742-6119 | Email

JC Corr

Associate

201-742-6181 | Email

  • Long Historical Occupancy. Has Been a Dunkin since 1983.
  • NNN Ground Lease with a Drive Through
  • Corporate Guarantee
  • Below Market Rent
  • Easy Access to Public Transportation
  • Excellent Demographics: Over 910K People within 5 Miles

Marcus & Millichap is pleased to announce a NNN Ground Lease Dunkin Donuts in Philadelphia, PA. The NNN Ground Lease has five years remaining in the base term with one, ten-year option. There is a 10% rent increase when the first option is exercised. The lease is Corporately guaranteed by Dunkin’ Brands the world’s leading baked goods and coffee chain, serving more than 3 million customers each and every day.

Located in an extremely dense residential area, this Dunkin’ Donuts is just minutes from The Einstein Medical Center, PNC Bank,  ShopRite, AutoZone, Rite Aid, Sunoco Gas as well as many other national tenants. The subject property has a drive through and is zoned commercial.

Philadelphia is the largest city in the Commonwealth of Pennsylvania and the sixth-most populous city in the United States, with an estimated population of 1,567,872.