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- LoopNet Team
1491 Atwood Ave
Johnston, RI 02919
300+ Unit | 18.5 Yr NNN | Strong Sales · Retail Property For Sale

PROPERTY FACTS
AMENITIES
- Bus Line
- Property Manager on Site
- Pylon Sign
- Signage
- Signalized Intersection
- Drive Thru
ABOUT 1491 ATWOOD AVE , JOHNSTON, RI 02919
Sales over 80% Above Average | Established and Top Performing Location | In Operation Since 1973 The annual sales at this location are over 80% higher than the average Dunkin’ Donuts unit-volume. This Dunkin’ Donuts has been in operation since 1973 and boasts a convenient drive-thru which lends to the extraordinary sales. Source: Dunkin Donut’s 2017 10-k based on U.S. outlets divided by U.S. store revenues. Based on average sales for past two years. Long-Term Absolute NNN Lease with 18.5 Years Remaining and Attractive Lease Structure | Largest Dunkin' Franchisee The Property is subject to a long term 20 year absolute NNN Lease which has just under 18.5 years remaining. The Lease provided for an attractive rent structure of with Fixed Increases AND Percentage Rent. This location is operated by the largest Dunkin' Donuts franchisee with over 300+ units. Excellent Exposure Combined 35,000+ VPD | Signalized Intersection The Dunkin’ Donuts is located “one-off” the signalized intersection of Atwood Ave (Route 5) and Hartford Ave (Route 6) providing excellent visibility and exposure. Hartford Ave, with 14,000 vehicles per day, is a busy North/South connector that connects motorists between several adjacent towns. Similarly, Atwood Ave, with over 19,000 vehicles per day, is a major east/west connector that leads motorists into Providence, the state Capital. Densely Populated Area with Strong Average Household Incomes Within a three-mile and five-mile radius of this Dunkin’ Donuts there are over 92,000 and 269,000 residents respectively, providing a strong and consistent potential customer base. The average household income in a one, three, and five mile radius are all above the national average, with the one-mile radius being 38% above the national average. Strong Corridor in Close Proximity to Government, Healthcare, Office, and Retail Uses. The Dunkin’ Donuts benefits from its proximity to a numerous economic drivers such as Johnston Middle School and Johnston Senior High School Johnston Town Hall, Johnston Police Department, and Johnston Fire Department, the United States Postal Service, and US Citizenship and Immigration Services Various Professional and Healthcare Offices. Retailers such as Stop & Shop, CVS, Rite Aid, Price Rite, Planet Fitness, Ocean State Joblot, Bank of America, Santander Bank, Citizens Bank, Bank RI, KFC, AT&T, T-Mobile, Popeye’s, Burger King, Denny’s, and others. Car Dealerships for Peterbilt, Honda, Kia, Jeep, Dodge, Chrysler, Chevrolet, GMC, and others.
PROPERTY TAXES
| Parcel Number | JOHN-000020-000000-000296 | Improvements Assessment | $228,200 |
| Land Assessment | $309,200 | Total Assessment | $537,400 |
PROPERTY TAXES
Listing ID: 12933034
Date on Market: 6/19/2018
Last Updated:
Address: 1491 Atwood Ave, Johnston, RI 02919
The Retail Property at 1491 Atwood Ave, Johnston, RI 02919 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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