Listed by Mid America Real Estate Minneapolis, Mid-America Real Estate
$1,810,000
Dunkin' Net Lease | Reported Sales 2x Average Unit Volume
Details
Property Type Retail
Sub Type QSR/Fast Food
Square Footage 2,000
Units 1
Cap Rate 5.75%
NOI $104,000
Occupancy 100%
Tenancy Single
Brand/Tenant Dunkin'
Lease Type NNN
Remaining Term 10.7
Year Built 2023
Buildings 1
Stories 1
Acreage 0.450
New Net Leased Investment Opportunity | #1 Dunkin' in MN | 5.75% Cap Rate | St. Cloud
Marketing description
Mid-America Real Estate – Minnesota, LLC in cooperation with Mid-America Real Estate Corporation, has been retained on behalf of the owner to sell the 100% fee simple interest in a 2,000 square foot Dunkin’ store located at the lighted corner of West Division Street and 33rd Street North in St. Cloud, Minnesota.
Investment highlights
- Exceptional store sales | 2x higher than average Dunkin’ store
- #1 ranked Dunkin’ in Minnesota | 316k annual visits
- NNN lease | 2% annual increases beginning September 2031
- Prime outlet location | thriving division street corridor
- County seat location | growing customer base
Listing Contacts
Listed by Mid America Real Estate Minneapolis, Mid-America Real Estate
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$104,000.00
$8,666.67/mo
Valuation Metrics
0
DSCR
5.75%
Cap Rate
5.75%
ROI
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Property History
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