Eric P. Wohl
CA DRE License #01348614
Dunkin Donuts for Sale
Locating a single tenant Dunkin Donuts for sale is becoming increasingly competitive because they are one of the most sought after NNN properties available today. Dunkin Donuts have locations in all major markets, a strong S&P Credit Rating of B+, and are one of the most recognized quick service restaurant chains in the world. The average purchase price for a single tenant Dunkin Donuts for sale is $750,000-$1,300,000, which is an extremely attractive price-point when looking at NNN properties for sale, as many investors can purchase these deals all cash.
Dunkin Donuts (Nasdaq: DNKN) is an international doughnut and coffee retailer founded in 1950 and is headquartered in Canton, Massachusetts. Despite originally focusing on doughnuts and other baked goods, over half of Dunkin Donuts business today is in coffee, making it more of a competitor to Starbucks as opposed to traditional competitors Krispy Kreme and Tim Hortons. The company has more than 16,000 locations in 56 countries worldwide, which include more than 6,700 Dunkin Donuts locations throughout the United States. Dunkin Donuts, along with Baskin-Robbins and To-Go Sandwiches, is co-owned by Dunkin’ Brands Inc. (previously known as Allied Domecq Quick Service Restaurants, when it was a part of Allied Domecq). Dunkin’ Brands used to own the Togo’s chain, but sold this in late 2007 to a private equity firm.
Dunkin Donuts Real Estate
The national average listing capitalization rate for a single tenant Dunkin Donuts for sale with a new 10-20 year lease is 5.5%-6.5%, depending on the property’s location and if there are rental increases in the lease. This average capitalization rate is one of the lowest of any NNN quick service restaurants on the market due to the strength of Dunkin Donuts as a company, excellent Dunkin Donuts real estate, corporate guarantees or strong franchisees on all of their leases, competitive financing available, and lack of supply in the marketplace.
The average lease term for a new Dunkin Donuts for sale is 10-20 years with an additional 15-20 years of options to renew. Most of the Dunkin Donuts leases have either annual increases or increases every 5 years and Dunkin Donuts for sale are one of the most secure investments available today. The average lot size for new Dunkin Donuts real estate ranges between 0.5 to 1.0 Acres, depending on the availability of land in a specific submarket.
If you are interested in purchasing or selling Dunkin Donuts real estate or any other net lease properties, please contact the President of HI NNN, Eric Wohl, at (949) 585-7673.
About HIG NNN:
HIG NNNis a retail investment division of Hanley Investment Group Real Estate Advisorsspecializing in the sale and advisory of single-tenant retail net lease properties. With a track record exceeding one billion dollars, HIG NNN creates value for clients by providing highly specialized investment services to build and preserve wealth. HIG NNN is committed to delivering unparalleled service and results by utilizing property-specific marketing strategies and cutting-edge technology to insure the highest value is achieved. HIG NNN’s nationwide relationships with investors, developers, institutions, franchisees, brokers and 1031 exchange buyers are unparalleled in the industry, translating to maximum exposure and pricing for each property marketed and sold. With unmatched service and experience, HIG NNN is a market leader in the disposition and acquisition of single-tenant retail net leased investments across the country.