Dunkin’ Donuts
3269 Mundy Mill Rd - Oakwood (Atlanta) GA 30566
LTV (Loan to Value) | 65.00% | Current NOI | $88,000.00 |
Interest Rate | 4.250% | Capital Rate | 5.250% |
Fixed Term | 10 Years | Land Area | 0.50 Acres |
Amortization | 25 Years | Lease Type | NN |
Loan Amount | $1,088,750.00 | Property Type | Retail |
Payment | $5,898.17 | Property Lease | Restaurant |
Bulding Size | 1,939 SF | Remaining Terms | 14.5 Years |
Location Description
NNN Lenders is pleased to offer for sale to qualified investors an existing Dunkin Donuts located in Oakwood, GA, a growing suburb of the Atlanta MSA, which is a top 10 US market. The property features a long term base lease with 14.5 years remaining and 5% rental increases in year six (6), year eleven (11) and in each of the four (4) five (5) year option periods. The tenant recently signed an early eight (8) year lease extension, showcasing their success at and commitment to the site. The property is conveniently located just off Interstate 985, offering excellent visibility and easy access to commuters heading south into the city. It is also the only major coffee and doughnut chain within three miles of the University of North Georgia-Gainesville.
Highlights
Approx. 15 Years Base Lease Term Remaining – Property features a long term base lease with 14.5 years remaining.Attractive Rental…
Property Description
Oakwood is a city in Hall County, Georgia, United States and is part of the Atlanta, GA Metropolitan Statistical Area. Oakwood is home to the University of North Georgia Gainesville Campus and Wayne Farms. Nestled between the Interstate 985 corridor and the tree-lined shores of Lake Lanier, Oakwood is in a fortuitous place – and time – to embark upon a bold vision that honors the city’s rich heritage while moving with confidence into a prosperous and well-planned future. Unique among emerging small towns, Oakwood is poised to harness the wave of fast growth sweeping southern Hall County to create a dynamic “sense of place” and destination community.