ATTRACTIVE LEASE FUNDAMENTALS
- 10% rental increases every 5 years including options
- Three (3) - five (5) year options
- Minimal LL responsibilities
NAME BRAND TENANT W/ STRONG FRANCHISEE
- Dunkin’ has over 11,300 locations and did over $12B in sales in 2022
- The Franchisee is one of the largest in the Carolinas and Mid-Atlantic (~110 units)
POSITIONED IN DENSE RETAIL NODE
- Within a 1-mile radius of this Dunkin, there is more than 701K SF of retail space
- Nearby National Retailers Include: Lowe’s Home Improvement, Food Lion, Big Lots, Walmart Supercenter, and much more
CLOSE PROXIMITY TO MARKET DRIVERS
- Just 8 miles from Liberty University which has more than 16,000 on campus students with over 124,000 students enrolled in online classes
- Located 0.6 miles from the Madison Heights Town Center Development
- This project includes over 700K SF of commercial space and 875 apartment units
- In the last phase of the project there will be 265 townhomes and 267 home lots added
EXPERIENCED FRANCHISEE
- Coastal Franchising owns and operates more than 140 Dunkin locations across NC, SC, and Southern VA
- Founded in 2007 Coastal Franchising is one of the largest Dunkin Franchisee’s in the country
RECENT CONSTRUCTION
- Site was recently constructed in 2024 with long term roof and structure warranties in place