Dunkin'
Palatka,
FL
PROPERTY INFORMATION
PRICE SUMMARY
$ 1050000
CAP RATE
5.71 %
NOI
$ 60000
TOTAL LOT SIZE
0.67 Acres
BUILDING SIZE
2335 SF
PROPERTY HIGHLIGHTS
- Dunkin' in Palatka, FL With 9+ Years Remaining on Current Term
- Absolute NNN Lease - Zero Landlord Responsibilities
- 10% Rent Increase Built Into Primary Term in 2029
- Property Fully Renovated in 2025 to Newest Dunkin’ Imaging, Showing Tenant Commitment to the Site
- Below-Market Rent Deal Offering a Rare Opportunity to Acquire a Florida QSR Property for Less Than Replacement Cost
- Strong 5-Mile Population with 25,000+ Residents and a 0.7% Annual Growth Rate
- Highly Visible Frontage on Reid St With 32,000+ Vehicles Passing Daily
- Strong Built in Customer Base - Several Apartment Complexes and Single Family Residences Within Walking Distance
- Store is Operated by a Seasoned Franchisee With 15 Units Across Two States
- Palatka is a Rapidly Growing Middle Market That Benefits From Heavy Traffic Between Gainesville, Jacksonville, and Orlando, Making it a Retail Hotspot for Travelers
Dunkin'
|
1401 Reid St,
Palatka,
FL
32177
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POINT OF CONTACT
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In cooperation with Brian Brockman at Bang Realty-Naples, Inc | FL #BK3327646 | bor@bangrealty.com | (513) 898-1551
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