Dunkin' - New Smyrna Beach, FL

Description:

• 22+ years remaining with 3 (5-year) option periods to extend
• The tenant has confirmed an early extension through the first option period of the lease (see rent roll footer), showing their commitment to this location
• The lease features 1.50% annual increases years 1-5 with 7.50% rental increases every 5 years and at the beginning of each option period thereafter

• The subject property is ideally located at the hard, signalized intersection of South Peninsula Ave and Highway A1A
• New Smyrna Beach is known for having one of Florida’s most beautiful beaches, intercoastal waterway, a high degree of safety and several commercial areas
• From 2010-2023 there has been a population growth rate of 2.7%