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27318190
27318191

1484 Mineral Spring Ave, North Providence, RI 02904

PC
CA 01894502
CBRE LA
Listed by CBRE LA
$1,600,000
263 days on market
Updated 76 days ago

Dunkin'

Details
Property Type Retail
Sub Type QSR/Fast Food
Square Footage 2,410
Net Rentable (SqFt) 2,410
Units 1
Cap Rate 5.91%
NOI $94,500
Occupancy 100%
Tenancy Single
Brand/Tenant Dunkin'
Lease Type Absolute NNN
Lease Term 15.1
Lease Expiration 07/18/2033
Remaining Term 7.1
Rent Bumps Yes
Price per SqFt $664
Broker Co-Op Yes
Year Built 1990
Year Renovated 2005, 2018
Stories 1
Acreage 0.290
Investment Type Net Lease
Lease Commencement 06/25/2018
Ground Lease No
Ownership Fee Simple

PRICE REDUCTION | Top Dunkin' Operator | 20+ Year Operational History

Marketing description

CBRE is pleased to present a Dunkin’ for sale located at 1484 Mineral Spring Ave in North Providence, RI. The property includes a 2,410 SF single tenant drive-thru building on a 0.29 ACRE street frontage parcel. The property benefits from being uniquely situated on Mineral Spring Ave, which sees 22,000+ vehicles per day.

Dunkin’ has shown a longstanding commitment to this location and has been operating here for over 20 years. The lease calls for 5% rental increases every five years, offering a nice hedge against inflation. The asset offers ideal retail demographics with a population over 159,000, and household income over $86,000 in a 3-mile radius. This property is down the street from Taco Bell, Subway, Wendy’s, Verizon, and many more retailers. Providence, the State Capital, is within a five-minute drive from the Property. Mineral Spring Avenue is the main retail corridor as well as east/west connector in the Town of North Providence, providing the Dunkin’ with a strong customer base. Mineral Spring is also often used by motorists to access RI Routes 7 and 146, which are both North/South arteries.

The Lease is guaranteed by Cafua Management Company LLC, the largest private Dunkin’ franchisee in the U.S., with over 200 stores across six states. CMC is driven by a commitment to integrity, respect, and teamwork—values that shape both its operations and customer relationships.

Investment highlights

  • Strong Operator | Cafua Management Company operates over 200 locations

  • Ideal Retail Demographics I 159,000+ population and $86,000 Household Income in a 3-Mile Radius

  • Fee Simple Ownership (Land and Building) | Depreciable asset

  • Absolute NNN Lease | Zero landlord responsibilities

  • Longstanding Commitment to Location I Tenant has occupied the site since 2005

  • High Traffic Location | Property benefits from being situated on Mineral Springs Ave. which sees 22,000+ VPD

  • Property Equipped with a Drive-Thru

Listing Contacts

PC
CA 01894502
CBRE LA
Listed by CBRE LA

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$94,500.00
$7,875.00/mo

Valuation Metrics

0
DSCR
5.91%
Cap Rate
5.91%
ROI

Map

Zoning

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Last updated Jun 4, 2026 For deeper zoning details, reports are available at Zoneomics

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