Investment Highlights
- Brand New, 15-Year Lease
- Four, Five-Year Renewal Options with 10% Increases Every Five Years Throughout Base Term and Option Periods
- Located on State Road 331, with a Traffic Count of More Than 18,000 Vehicles Per Day
- Within Close Proximity to Interstate 10, Which has a Traffic Count of More Than 22,000 Vehicles Per Day
Investment Overview
The Dunkin Donuts/Baskin Robbins located at 1480 US-331 in DeFuniak Springs has a brand new, 15-year lease. This is a brand new location with a drive-thru; construction completed in 2017. There are four, five-year renewal options with 10 percent rental increases every five years throughout the base term and option periods.
The subject property is located on State Road 331, with a traffic count of more than 18,000 vehicles per day. The subject property is within close proximity to Interstate 10, which has a traffic count of more than 22,000 vehicles per day. Surrounding national retailers include Walmart Supercenter, Lowes, Winn Dixie, Rent-A-Center, Dollar General, Bealls Outlet, Walgreens, Burger King, McDonald’s, Taco Bell, Pizza Hut, Sonic Drive-In, Waffle House and many more.