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Dunkin’ Donuts – Jacksonville MSA

Saint Johns,
United States
$1,619,047 For Sale
Fast Food/QSR
  • 137
  • 0
  • 1750 sq ft
Ric Del Vizo
Ric Del Vizo
Contact Agent

Description

Excellent opportunity to invest in Absolute NNN Lease (Ground) in one of the fastest growing counties in Florida.

Investment Highlights

  • Commitment: 20-year primary term with 6, five-year options
  • Location: Prime location along thriving growth corridor in St. Johns, FL. Situated as an outparcel of a large, 17-acre development and across from a new Publix-anchored shopping center
  • Zero Landlord Responsibilities: Absolute NNN ground lease with no landlord responsibilities
  • Credit: Experienced franchisee with approximately 15 units in Florida and Connecticut
  • Demographics: Average household incomes exceed $180,000 within 5 miles of the site
  • Proximity to Jacksonville: St. Johns is a thriving community located just 22 miles from Jacksonville
  • Extremely Strong Population Growth: Over 11.5% growth within 5 miles of the site from 2022-2023. St Johns County is the 4th-fastest growing county in the nation.

Amenities

No amenities.

Additional Information

Cap Rate: 5.25
Year Built: 2024
NOI: $85,000
Lease Type: Absolute NNN
Single or Multi Tenant: Single
Size/SF: 1,750SF
Ownership: Ground Lease

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