Property Details
Price :
Square Feet :
Cap Rate :
$870,000
1,950
5.75%
NOI :
Acres :
$50,000
1.05
Property Type :
Property Status :
Net Lease
Under Agreement
Investment Highlights
TENANT(S)
- One of the Largest Dunkin’ Franchisees, Heartland Restaurant Group (HRG), Which Operates over 80 Dunkin’ Locations in the Pittsburgh MSA
- Only Exclusive Franchisee for Dunkin' in the Pittsburgh MSA
- HRG has Never Closed a Drive/Thru Location in its Existence
LEASE(S)
- New 15-Year Absolute NNN Ground Lease
- Zero Landlord Responsibilities
- 10% Rent Increases Every Five Years
- Two-Five Year Options and One - 4.5 Year Option
BUILDING
- 1,950 Square Foot Restaurant with Double Drive/Thru Lane
- 1.05 Acre Parcel of Land with 24 Parking Spaces
- New 2025 Construction
Street View
