Dunkin' Donuts | 9225 Pine Forest Rd
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Dunkin' Donuts 9225 Pine Forest Rd
1,891 SF Retail Building Pensacola, FL 32534 $2,000,000 ($1,058/SF) 5.55% Cap Rate
Investment Highlights
- Absolute NNN Lease with 8 years + 4-5 year options
Executive Summary
BRAND
Dunkin' Brands Group Inc., traded on the NASDAQ as DNKN, boasts an impressive presence in the global coffee and baked goods industry through its subsidiary, Dunkin' Donuts. With a remarkable network spanning over 12,000 restaurants across 36 countries, Dunkin' Donuts stands as one of the foremost leaders in its field.
On a larger scale, Dunkin' Brands Group Inc. commands a worldwide footprint with over 19,000 points of distribution across nearly 60 countries. This places the company among the ranks of the world's most significant franchisors within the quick service restaurant (QSR) sector, catering to a wide range of patrons seeking both hot and cold coffee, as well as delectable baked goods.
Dunkin' Brands follows a highly successful and efficient franchise business model, with nearly 100% of its operations operating under this structure. This includes a robust portfolio featuring more than 12,000 Dunkin' Donuts restaurants and over 7,700 Baskin-Robbins establishments.
TENANT
Purple Square Management Co. (the Tenant) has its roots dating back to its founding in 2006. Originating in Tampa, Florida, the company's influence has expanded far beyond its initial location. Presently, they hold ownership and operational control of an impressive portfolio, comprising over 245 franchise locations spanning across a diverse range of states, including Alabama, Arizona, Florida, Georgia, Indiana, Kentucky, Louisiana, Mississippi, North Carolina, Ohio, South Carolina, Tennessee, New York, Pennsylvania, and Virginia. Their stable of brands encompasses some of the most recognizable names in the industry, including Dunkin' Donuts/Baskin-Robbins, Popeyes Louisiana Kitchen, The Brass Tap, Rent-A-Center, RimTyme, Take 5 Oil Change, and American Family Care. This diverse portfolio underscores Purple Square Management's adaptability and agility in catering to a broad spectrum of consumer needs and preferences.
Purple Square Management is an exemplary and accomplished franchisee within the Dunkin' Brands Inc. network, demonstrating impressive growth and success in their endeavors. At present, Purple Square Management owns and operates an impressive array of over 99 Dunkin' Donuts and Baskin-Robbins stores, strategically situated across the states of Florida and Alabama. This places them among the most substantial and rapidly expanding Dunkin' Donuts operators in the United States.
Their dedication and excellence in the franchise business haven't gone unnoticed. In recognition of their outstanding contributions, Purple Square Management was honored with Dunkin' Brands' "National Rising Star Award" in 2008, followed by the prestigious "Franchisee of the Year Award" in 2014. Furthermore, in 2015, they received the esteemed "Philanthropist of the Year Award," underscoring not only their business acumen but also their commitment to giving back to their communities. Their achievements stand as a testament to their dedication and success in the Dunkin' Brands family.
In addition to Dunkin's impressive global presence, it's essential to highlight the invaluable contributions of franchisees like Purple Square Management within the Dunkin' Brands Inc. network. Purple Square Management is an exemplar of success and excellence in the realm of Dunkin' franchise ownership, showcasing remarkable growth and dedication in their undertakings.
Looking ahead, Purple Square Management is poised for significant growth. With an ambitious development pipeline encompassing all their brands, they are on track to surpass 280 locations by the close of 2023. This projection speaks to their unwavering commitment to expansion and excellence within the franchising landscape.
Dunkin' Brands Group Inc., traded on the NASDAQ as DNKN, boasts an impressive presence in the global coffee and baked goods industry through its subsidiary, Dunkin' Donuts. With a remarkable network spanning over 12,000 restaurants across 36 countries, Dunkin' Donuts stands as one of the foremost leaders in its field.
On a larger scale, Dunkin' Brands Group Inc. commands a worldwide footprint with over 19,000 points of distribution across nearly 60 countries. This places the company among the ranks of the world's most significant franchisors within the quick service restaurant (QSR) sector, catering to a wide range of patrons seeking both hot and cold coffee, as well as delectable baked goods.
Dunkin' Brands follows a highly successful and efficient franchise business model, with nearly 100% of its operations operating under this structure. This includes a robust portfolio featuring more than 12,000 Dunkin' Donuts restaurants and over 7,700 Baskin-Robbins establishments.
TENANT
Purple Square Management Co. (the Tenant) has its roots dating back to its founding in 2006. Originating in Tampa, Florida, the company's influence has expanded far beyond its initial location. Presently, they hold ownership and operational control of an impressive portfolio, comprising over 245 franchise locations spanning across a diverse range of states, including Alabama, Arizona, Florida, Georgia, Indiana, Kentucky, Louisiana, Mississippi, North Carolina, Ohio, South Carolina, Tennessee, New York, Pennsylvania, and Virginia. Their stable of brands encompasses some of the most recognizable names in the industry, including Dunkin' Donuts/Baskin-Robbins, Popeyes Louisiana Kitchen, The Brass Tap, Rent-A-Center, RimTyme, Take 5 Oil Change, and American Family Care. This diverse portfolio underscores Purple Square Management's adaptability and agility in catering to a broad spectrum of consumer needs and preferences.
Purple Square Management is an exemplary and accomplished franchisee within the Dunkin' Brands Inc. network, demonstrating impressive growth and success in their endeavors. At present, Purple Square Management owns and operates an impressive array of over 99 Dunkin' Donuts and Baskin-Robbins stores, strategically situated across the states of Florida and Alabama. This places them among the most substantial and rapidly expanding Dunkin' Donuts operators in the United States.
Their dedication and excellence in the franchise business haven't gone unnoticed. In recognition of their outstanding contributions, Purple Square Management was honored with Dunkin' Brands' "National Rising Star Award" in 2008, followed by the prestigious "Franchisee of the Year Award" in 2014. Furthermore, in 2015, they received the esteemed "Philanthropist of the Year Award," underscoring not only their business acumen but also their commitment to giving back to their communities. Their achievements stand as a testament to their dedication and success in the Dunkin' Brands family.
In addition to Dunkin's impressive global presence, it's essential to highlight the invaluable contributions of franchisees like Purple Square Management within the Dunkin' Brands Inc. network. Purple Square Management is an exemplar of success and excellence in the realm of Dunkin' franchise ownership, showcasing remarkable growth and dedication in their undertakings.
Looking ahead, Purple Square Management is poised for significant growth. With an ambitious development pipeline encompassing all their brands, they are on track to surpass 280 locations by the close of 2023. This projection speaks to their unwavering commitment to expansion and excellence within the franchising landscape.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
1,891 SF
Building Class
B
Year Built
2017
Price
$2,000,000
Price Per SF
$1,058
Cap Rate
5.55%
NOI
$110,935
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
0.90 AC
Zoning
HC/LI - Heavy Commercial/ Light Industrial
Parking
16 Spaces (8.46 Spaces per 1,000 SF Leased)
Frontage
99 FT on Pine Forest Rd
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 11-1S-31-1105-000-001 | Improvements Assessment | $310,373 |
Land Assessment | $286,622 | Total Assessment | $596,995 |
PROPERTY TAXES
Parcel Number
11-1S-31-1105-000-001
Land Assessment
$286,622
Improvements Assessment
$310,373
Total Assessment
$596,995
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Dunkin' Donuts | 9225 Pine Forest Rd
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