Dunkin’ | Triple Net (NNN) Lease
$1,808,695
360 N Rock Road, Wichita, KS 67206
For Sale
Retail
Restaurant
Pending
Last Updated: 07/08/2021
5.75
Cap Rate
104,000
NOI
Details:
Cap Rate: 5.75%
NOI: $104,000
Building Size: 2,000 sqft
Lot Area: 0.28 acres
Lease Type: Triple Net
Year Built: 2019
Price Per Sqft: $904.35
Roof & Structure: Landlord’s Responsibility
HVAC: Tenant’s Responsibility
Repairs & Maintenance: Tenant’s Responsibility
Highlights:
- 15 Year Triple Net (NNN) Lease With Minimal Landlord Responsibility
- Offering Two (5) Year Options With Rent Increases Every 5 Years
- Transferrable 20-Year Roof Warranty
- Strong Demographics With an Average Household Income of $105,220 Within a 1-Mile Radius and a Total Population of 82,430 Within a 3-Mile Radius
- High Traffic Retail Corridor With an Average of 57,444 VPD on N Rock Rd and Central Ave
- Located Close to Towne East Square Mall Which Has 122 Stores and Restaurants With Multiple Major Retailers
- Wichita Ranked No. 2 on “The 7 Most Recession-Proof Cities in the U.S.” According to Livability.com and is the Largest City in Kansas
- Dunkin’ Brands Group Has More Than 21,000 Points of Distribution in More Than 60 Countries Worldwide Consisting of Over 13,000 Dunkin’ Restaurants and Over 8,000 Baskin-Robbins Restaurants
- Neighboring Tenants Include: Dillions Pharmacy, Sprouts, The Mattress Hub, UMB Bank, Chick-fil-A, Starbucks, Jimmy John’s, Olive Garden, Chili’s Grill & Bar, Freddy’s Frozen Custard, Qdoba, Fuzzy’s Taco Shop, Krispy Kreme and Many More
Description:
Sands Investment Group is Pleased to Present Exclusively For Sale the 2,000 SF Dunkin’ Located at 360 N Rock Road in Wichita, Kansas. This Opportunity Includes a 15 Year Triple Net (NNN) Lease With Minimal Landlord Responsibilities on a New Construction Dunkin’, Providing For a Secure Investment.
In Cooperation With Sands Investment Group Kansas, LLC – Lic. # CO00002897
BoR: Max Freedman – Lic. # 00241927
Documents:
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