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24686307
24686308

36643 SR 54, Zepyrhills, FL 33541

Fortress Commercial Real Estate
Listed by Fortress Commercial Real Estate
Unpriced
326 days on market
Updated 121 days ago
Opportunity zone

Dunkin Donuts - Absolute NNN - 5.6% CAP

Details
Property Type Retail
Sub Type QSR/Fast Food
Square Footage 2,050
Cap Rate 5.50%
Occupancy 100%
Tenancy Single
Brand/Tenant Dunkin'
Lease Type Absolute NNN
Remaining Term 12
Rent Bumps Yes
Class A
Buildings 1
Stories 1
Investment Type Stabilized
Ownership Private

Retail | 5.50% CAP | 2,050 SqFt

Marketing description

Absolute zero landlord responsibility long term absolute NNN, 1031-eligible asset. The property is approximately 0.68 acres large, and improvements consist of a 2,050 SF retail building constructed specifically for the tenant’s specific use. The building is 100% net leased to a single Tenant, DD Zephyrhills LLC, with 12 years remaining on the lease. The operator is an established and experienced Tenant who has occupied the property since 2017. The Tenant is currently paying a below market rent, offering a value-add opportunity for an investor.

Investment highlights

Single Tenant, Absolute NNN Lease

No Landlord Responsibilities

$118,770 Current Year NOI

8% Rental Increases Every 5 Years

1031-eligible asset

Listing Contacts

Fortress Commercial Real Estate
Listed by Fortress Commercial Real Estate

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