Dunkin' 2033 E Southern Ave

2033 E Southern Ave , Mesa, Arizona, 85204 | 3,063 sq.f | $ 1,942,000

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About This Restaurant

Investment Highlights

14 Years Remaining on Double-Net (NN) Lease with 150+ Unit Franchisee (Lease Entity Guarantees 82+ Dunkin' Locations in Arizona) 10% Rental Increases Every Five Years with Multiple Renewal Options Hard Corner Location, Visible to More Than 114,500 Combined Cars per Day at Intersection of S Gilbert Rd & E Southern Ave High-Quality 2023 Remodel with a Drive-Thru Dense Phoenix Infill with 416,260 Residents within a 5-Mile Radius Surrounded by National Retail Tenants: Target, CVS, Harbor Freight, AutoZone, Trader Joe's, Sam's Club, Walmart Supercenter, and Many More

Executive Summary

Dunkin? is the world?s leading baked goods and coffee chain, serving more than 3 million customers each and every day. The chain offers over 50 varieties of donuts, but customers can also enjoy dozens of premium beverages, bagels, breakfast sandwiches and other baked goods. Quality Brand Group is the largest Dunkin? Franchisee west of the Mississippi River with a total of approximately 150+ stores in Arizona, Texas, Colorado, Nevada, and Florida. Quality Brand Group is currently in the process of growing to 200+ stores.Mesa is the third largest city in Arizona, after Phoenix and Tucson, and the 38th largest city in the U.S. It is home to numerous higher education facilities, including the Polytechnic campus of Arizona State University. The city?s top employers include Banner Health, Boeing, Walmart, Fry?s Food & Drug, and The Home Depot.

Property Details

  • Sale Type    Investment
  • Property Type    Retail
  • Property Subtype    Fast Food
  • Building Size    3,063
  • Building Class    B
  • Year Built    1987
  • Price    1,942,000
  • Price Per SF    634
  • Cap Rate    5.15
  • NOI    100,000
  • Tenancy    Single
  • Building Height    1 Story
  • Building FAR    0.09
  • Land Acres    0.80 AC

Amenities

  • Pylon Sign
  • Signage
  • Drive Thru

Nearby Amenities & Transportation

Retail Curves
Retail National Bank Of Arizona
Retail Starbucks
Retail Black Rock Coffee Bar
Retail Rent-A-Center
Retail WW
Retail Victory Martial Arts
Retail Applebee's
Retail Jack In The Box
Retail Club Pilates

Property Taxes

Parcel Number 140-61-163 Improvements Assessment $0
Land Assessment $0 Total Assessment $113,932
Date Created: 2024-07-16 04:09:20 Last Updated: 2024-07-16 04:09:20
Address: 2033 E Southern Ave , Mesa, Arizona, 85204