Dunkin' & Baskin-Robbins | Long Term Triple Net (NNN)

1516 South Fort Hood Street, Killeen, TX

   SOLD!   

$2,215,278

Price

5.4%

Cap Rate

$119,625

NOI

Overview
Cap Rate
5.4%
NOI
$119,625
Building Size
2,400 sqft
Lot Area
1.1 acres
Lease Type
Triple Net
Year Built
2021
Price Per Sqft
$923.03
Description

Sands Investment Group is Pleased to Exclusively Offer For Sale the 2,400 SF Dunk in’ & Baskin Robbins Located at 1516 South Fort Hood Street in Killeen, Texas. This Deal Includes a Long-Term Triple Net (NNN) 10 Year Lease With Zero Landlord Responsibilities, Providing For a Secure Investment.

Highlights
  • Brand New Construction Investment Opportunity Set to Open May 2021
  • Long Term Triple Net (NNN) 10 Year Lease With Zero Landlord Responsibilities
  • Experienced & Growing Regional Dunkin’ Donuts Operator With Proven Success in the Local Market
  • OSO Coffee Company LLC Has Six Locations Open With an Additional Two Under Development That Are Slated to Open in Fall 2021
  • Dunkin' U.S. 2020 Q3 Report Shows Comparable Store Sales Growth of 1.50%, Which Improved Sequentially For Each Month of the Quarter
  • Excellent Demographics With a Population of 174,537 Residents Making an Average Household Income of $58,029 Within a 5-Mile Radius
Documents
Title
Offering Memorandum
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Location
Gallery