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Dunkin' | New 15yr Abs NNN w/ Incrs 8134 Southport Rd

2,100 SF Retail Building Indianapolis, IN 46259 $2,226,000 ($1,060/SF) 5.75% Cap Rate

Investment Highlights

  • Brand New 15-Year Lease | Scheduled Rental Increases | Franchisee Guaranteed | Well-Known & Established Brand
  • Outparcel to Kroger-Anchored Center | Strong Tenant Presence | Part of a Master Development | Numerous Surrounding Schools
  • Direct Residential Consumer Base | Affluent Community |Demographics in 5-Mile Trade Area
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • Located Near Hard Corner Intersection | Drive-Thru Equipped | 2024 Construction | Excellent Visibility

Executive Summary

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN, freestanding, drive-thru equipped, Dunkin’ investment property located in Indianapolis, IN (Franklin Township). The tenant recently signed a brand new 15-year lease with 5 (5-year) option periods to extend, demonstrating their commitment to the site. The lease features 1.50% annual rental increases throughout the initial term and options, growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities, making it an ideal, management-free investment opportunity for a passive investor. Founded in 1950, Dunkin’ is among America’s favorite coffee and baked goods chain with over 13,700 operating stores.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,100 SF
Year Built
2024
Price
$2,226,000
Price Per SF
$1,060
Cap Rate
5.75%
NOI
$128,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.62 AC
Zoning
C-4 - Community Regional Commercial District
Parking
16 Spaces (7.62 Spaces per 1,000 SF Leased)

Amenities

  • Corner Lot
  • Restaurant
  • Drive Thru
  • Listing ID: 33157257

  • Date on Market: 9/12/2024

  • Last Updated:

  • Address: 8134 Southport Rd, Indianapolis, IN 46259

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