7605 W Newberry Rd - Fast Food FOR SALE


Gainesville, FL 32606- West Gainesville
$1,320,000 USD
954-302-7365
7605 W Newberry Rd, Gainesville, FL for Sale
$1,320,000 USD
Fast Food - FOR SALE
1/6
null | 5% Cap Rate

7605 W Newberry Rd
Gainesville, FL 32606
West Gainesville


HIGHLIGHTS

  • 11+ Years Remaining | Options To Extend | Personal Guaranty | Scheduled Rental Increases
  • Absolute NNN | Fee Simple Ownership | No State Income Tax | Zero Landlord Responsibilities
  • Gainesville, FL | Strong Demographics In 5-Mile Trade Area
  • Excellent Frontage Visibility | Off I-75 (57,000 VPD) | University Of Florida (62,000 Students) | The Oaks Mall (4M+ Visits)

OVERVIEW

• Dunkin has 11+ years remaining on their initial lease with 4 (5-year) options to extend, demonstrating their long-term commitment to the site • Dunkin’ is the largest coffee and donuts brand in the U.S., with over 10,000 domestic locations and more than 14,000 restaurants across nearly 40 global markets • The lease is personally guaranteed by Timothy E. Cloe, an experienced Dunkin’ franchise owner and operator • The lease features 10% rental increases every five years and at the beginning of each option

FOR SALE DETAILS

PRICE

$1,320,000 USD

PRICE/SF

$490 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dunkin' - Gainesville FL

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

21

LAND DETAILS

LAND ACRES

0.46 AC

LAND SF

19,998 SF

ZONING

-

APN/PARCEL ID

06656-002-004

ASK ABOUT THIS PROPERTY

Patrick NuttSRS Real Estate PartnersMore Info
954-302-7365

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Patrick NuttSRS Real Estate PartnersMore Info
954-302-7365

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.