Dunkin’ Donuts

6880 Longleaf Pine Parkway, Saint Johns, FL
Deal Type:
Net Lease
Price:
$1,700,000
Cap Rate:
5.00%
Current Rent:
$85,000
Lease Type:
Triple Net
Lease Term:
20 years
Landlord Responsibilities:
None
Renewal Options:
6 x 5 Year
Building Sq. Ft.:
1,750 SF
Rent Increases:
10% Every 5 Years
Site Size:
1.01 Acres
  • dunkin donuts stream capital partners
  • dunkin donuts stream capital partners
  • dunkin donuts stream capital partners
  • dunkin donuts stream capital partners

Investment Highlights

  • Commitment: 20-year primary term with 6, five-year options
  • Location: Prime location along thriving growth corridor in St. Johns, FL. Situated as an outparcel of a large, 17-acre development and across from a new Publix-anchored shopping center
  • Zero Landlord Responsibilities: Absolute NNN ground lease with no landlord responsibilities
  • Credit: Experienced franchisee with approximately 15 units in Florida and Connecticut
  • Demographics: Average household incomes exceed $180,000 within 5 miles of the site
  • Proximity to Jacksonville: St. Johns is a thriving community located just 22 miles from Jacksonville
  • Extremely Strong Population Growth: Over 11.5% growth within 5 miles of the site from 2022-2023. St Johns County is the 4th-fastest growing county in the nation.

Listing Agents

Adam English

Managing Director
256 694 9803
[email protected]

Connor Shell

Managing Director
407 913 9009
[email protected]

Broker of Record: Sasha Dominguez #BK3339010

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