Dunkin Donuts | New 15-Year Absolute NNN Lease
$1,790,476
3334 Broad Street, Chattanooga, TN 37408
For Sale
Retail
Pending
Last Updated: 02/03/2023
5.25
Cap Rate
94,000
NOI
Details:
Cap Rate: 5.25%
NOI: $94,000
Building Size: 2,000 sqft
Lot Area: 0.5 acres
Occupancy: 100%
Class: A
Lease Type: Absolute Net
Year Built: 2020
Tenancy: Single
Lease Expire Year: 15 Years from COE
Highlights:
- NEW 15-YEAR ABSOLUTE NNN LEASE
- DRIVE-THRU LOCATION WITH ON MAIN THOROUGHFARE
- RAPIDLY EXPANDING METROPOLITAN AREA (CHATTANOOGA MSA)
- NEW CONTEMPORARY BUILDING DESIGN WITH DRIVE-THROUGH
- 8% RENT INCREASES EVERY 5-YEARS
- INFILL LOCATION SURROUNDED BY NATIONAL RETAILERS
Documents:
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Dunkin__-_3334_Broad_St_Chattanooga_OM.pdf
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