Net-Leased Property FOR SALE

Listing was updated at: 04/23/2020
Property Overview
Price/Rent PSF $ 2,200,000.00
Asset Type Retail
Trade Type Sale
SQ. FT. Available 2,355
Date Available 07/09/2018
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Parking 250
Floors 1
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Fremont is a city in Alameda County, California. Located in the southeast section of the San Francisco Bay Area in the East Bay region primarily, Fremont is now the fourth most populous city in the San Francisco Bay Area, and the largest suburb in the metropolis.

We are pleased to offer this rare opportunity to purchase an approximate 2,850 SF Dunkin' Donuts located on the hard corner of 238th Drive and Sandy Boulevard. The Dunkin' Donuts has approximately 6 years remaining on its original 18 year NNN lease, which is corporately backed by Dunkin' Brands Group, Inc. A Massachusetts Corporation (NASDAQ: DNKN). The corporate lease is an absolute Triple (NNN) Net Lease with four (4) five year options to renew. Rental increases every 5 years per CPI with a max of 8%.

This Dunkin' Donuts is strategically located on the hard corner of an intersection that connects all traffic from I-84 to the Wood Village Shops and to Highway 26E. This area is the main shopping and commuter corridor for North Gresham and Wood Village and includes the only Wal-Mart Supercenter in Multnomah County. With excellent freeway visibility from Interstate 84, this Dunkin' Donuts has great synergy with the adjacent ARCO AM/PM motor fueling facility.