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INVESTMENT HIGHLIGHTS
Brand New Absolute NNN 15-Year Lease Dunkin’ will operate under a brand new NNN lease for 15 years commencing upon closing. The lease will include 5% rent increases every 5 years and in the 1, 5-year option, providing a prospective investor with a significant hedge against inflation.
Experienced Dunkin’ Franchisee/Guarantor The franchisee is an experienced Dunkin’ operator with 30 locations across 5 states with plans for 40 units by year-end 2022.
Excellent Surrounding Tenancy and Operations The Property benefits from immediate proximity to several well-known retail businesses that include Lowe’s, Home Depot, Harbor Freight Tools, Petco, Conn’s, Aldi, Ashley Furniture, and numerous major restaurant properties.
Strategic Positioning with Strong Surrounding Demographics The Property is positioned in the center of a major retail corridor on Eastern Blvd. across the street from Lowe’s, Harbor Freight Tools, and The Home Depot next to the Ashley Furniture, and a growing community corridor tenanted by numerous retail and residential properties. The site offers a surrounding population of 153,000+ within a 5-mile radius, earning an average annual household income of $84,570+.
Excellent Market in the Capital of Alabama Montgomery is the capital city of Alabama and the county seat of Montgomery County. In the 2020 Census, Montgomery’s population was 200,603 and it is the second most populous city in Alabama after Huntsville.
