Dunkin’,
Braselton, GA Investment Summary
| Price | $2,100,000 |
| Cap Rate | |
| NOI | |
| Lease Term | 10 Years |
| Lease Type | Absolute NNN Lease, With Tenant Responsible For All Taxes, Insurance, And Maintenance, Including Roof, Structure, And Parking Lot. |
| Rental Increases | 10% Rental Increases Every Five (5) Years |
| Year Built | 2021 |
| Building Size | 1,800 SF |
| Lot Size | 0.60 Acres (26,136 SF) |
| Status | Sold |
| Lead Brokers | Vincent Aicale Executive Director 415.690.5522 vince.aicale@cushwake.com CA RE License #01728696 Michael T. Yuras, CCIM Executive Managing Director 415.481.0788 michael.yuras@cushwake.com CA RE License #01823291 Ryan Forsyth Executive Director 415.413.3005 ryan.forsyth@cushwake.com CA RE License #01716551 Scott Crowle Executive Director 415.604.4288 scott.crowle@cushwake.com CA RE License #01318288 |
Investment Highlights
BRAND NEW 10 YEAR ABSOLUTE NNN LEASE
» Absolute NNN lease with zero landlord management responsibilities
» Six (6) option periods of five (5) years each
» 10% rental increases every five years in primary term and extension periods offering hedge against inflation
» Strong Dunkin’ franchisee operating 24+ locations
PRIME LOCATION IN HIGH TRAFFIC AND AFFLUENT AREA
» Located on Highway 53 with excellent access and visibility to 22,400 vehicles per day in front of the property
» Convenient access to Interstate 85 which brings an additional 62,100 vehicles per day past the property
» Average annual household income of $110,549 within five miles
» Projected 10% average annual household income increase within one mile of the site in the next five years, poising Dunkin’ and Braselton for significant concurrent growth
ECONOMICALLY DIVERSE ATLANTA MSA MARKET
» Close proximity to many major employers including Amazon Fulfillment Center, Williams-Sonoma, Petco Distribution Center, Whole Foods Distribution Center and many others
» Surrounded by a strong mix of local and national retailers, including Popeyes, Taco Bell, Zaxby’s, DQ, Cracker Barrel, and many more
» Very wide 25-mile trade area
» Gateway to Atlanta, the most populous city in Georgia (population 506,811)
BRAND NEW 2021 CONSTRUCTION
» New construction with the tenant’s latest prototype
» Dedicated drive-thru for added customer convenience
Property Description
SOLD
The subject property is strategically located on Highway 53 with excellent access and visibility to 22,400 vehicles per day directly in front of the property and convenient access to Interstate 85 with an additional 62,100 vehicles per day. The surrounding area is very affluent with an average household income over $110,000 within a five-mile radius of the property. The surrounding area is also expanding rapidly with population growth projected to exceed 28% within a three-mile radius of the property.
The subject property benefits from its proximity to many of the area’s major employers including Amazon Fulfillment Center, Williams-Sonoma, Petco Distribution Center, Whole Foods Distribution Center and many others. With the subject property’s convenient freeway location near one the country’s largest metropolitan area’s, the subject property has a strong immediate customer base.
