NNN Dunkin Baskins Combo Store 7815 Mitchell Blvd

Investment Highlights

Triple Net (NNN) build-to-suit leased asset, that is highly-visible and located at a full access Hard Corner. Dunkin' and Baskin Robbins is leased to Inspire Brands, the second largest restaurant company in the U.S. (Revenue: $32B, over 32,000 restaurants). Prominent out-parcel to 25,200 SF Trinity Commons S.C., which is 100% leased. Competitive price per square foot as it relates to rent.

Executive Summary

Cushman & Wakefield's is pleased to offer for sale a 1,808 +/- square foot freestanding, retail building located at 7815 Mitchell Blvd., New Port Richey, FL 34655. The offering features a build-to-suit lease (NNN) to Dunkin' & Baskin Robbins, with an initial term of 15 years. The annual base rent of $146,400 increases by 10% every 5 years during the initial term. The Lease offers renewal.

• Sale Type    Investment
• Sale Condition    Build to Suit
• Property Type    Retail
• Property Subtype    Retail
• Building Size    1,808
• Building Class    B
• Year Built    2024
• Price    2,928,000
• Price Per SF    1,619
• Cap Rate    5
• NOI    146,400
• Percent Leased    100
• Tenancy    Multiple
• Building Height    1 Story
• Building FAR    0.05
• Land Acres    0.77 AC

• Air Conditioning