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Dunkin’ Donuts – Jacksonville MSA
Saint Johns,
United States
$1,619,047
For Sale
Fast Food/QSR
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.
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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