Dunkin Donuts Central Manufacturing Facility



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  • Dunkin Donuts Central Manufacturing Facility

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Price: $995,000 Address: 5275 Duncan Rd City: Punta Gorda Zip: 33982 State: FL Country: USA

Full Description:

Dunkin Donuts Central Manufacturing Facility

5275 Duncan Rd

Punta Gorda, FL 33982

Price: $995,000

CAP Rate: 9.73%

NOI: $96,888

Building Size: 10,899 SF

Land Size: 0.96 AC

PROPERTY FEATURES

Distributes to 47+ Stores in SW Florida.

Absolute NNN Property.

Land Value Supports Sale Price

3% Annual Escalators.

Offered at 9.73 CAP

The property sits on just about one acre and has ample parking in the front as well as parking for delivery trucks in the back. There area two overhead doors with two overhead doors with two docks for one door, and one dock for the other door. There is a stable franchisee tenant in place with a an excellent NNN lease with zero owner responsibilities and 3% annual escalators. Dunkin' Donuts executed their renewal option for an additional five years starting July 2015.The structure is concrete block and has had multiple improvements since the tenants have taken possession. The improvements include fences, building expansion, roof replacement, and the addition of a $250K HVAC system. The tenants also recently expanded their distribution from 35 to 47 stores. As a result, operations were increased and expanded within the building. This is a mission critical facility with two runs per day, 7 days a week. This is a perfect income producing property priced very well!

Go to street view!
Courtesy of: WOLFGANG SCHWARZ - Information available through the Multiple Listing Service (MLS) believed accurate is not warranted.

Miscellaneous

Status: Active Lot Size: 0.96 Square Feet: 10,899Waterfront: no

Agent Info

Listings within 50 Mile(s) of Dunkin Donuts Central Manufacturing Facility

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This listing was created on 2017-05-29 and has been viewed 983 times

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