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- LoopNet Team
375 Main St
Warren, RI 02885
Dunkin' Donuts | 40 Year Operating History | · Retail Property For Sale
PROPERTY FACTS
Amenities
- Bus Route
- Pylon Sign
- Signalised Intersection
- Drive Thru
About 375 Main St , Warren, RI 02885
LEASE Absolute NNN Lease – The investment is hands-free and provides the landlord with zero management responsibilities Passive Income – Lease still has 8 years remaining on the primary term and two, 5-year options to renew Incredible Hedge Against Inflation – The lease has built-in annual increases of 3%-5%! Strong Return – Average return of 5.95% over the primary term if purchased at list price (Potential to be significantly higher if annual increases go up to 5%) Growth in income – Nearly a 9% return on your initial investment at the end of the option periods LOCATION Commitment to Location – A complete store remodel is scheduled to take place within the next 5 years Strong Market Share – Closest Starbucks is in an in-line space across the Barrington River, Dunkin’ Donuts dominates the immediate trade area Optimal Prototype – The building comes equipped with a drive-thru that promotes additional traffic and stronger sales at the store Affluent Demographics – Average household incomes within a 3-mile radius are in excess of $104,000 Dense Population – Over 80,000 residents within a 5-mile radius Longstanding Operating History – Dunkin’ Donuts has been at this location since 1972 and has served the community for over 45 years! Great Accessibility – Property’s parking lot extends to the corner of Miller & Main, giving customers an easy way to exit the property after using the drive-thru FRANCHISE/HISTORY Joma Realty Company has exclusive rights to the Dunkin’Donuts brand in the East Bay which includes Warren, Bristol, and Barrington Experienced Franchisee – Franchisee operates 8 locations with satellites at Roger Williams University as well Reliable Franchisee – Dunkin’ Donuts corporate turned this location over to this specific franchisee in 2010
Links
PROPERTY TAXES
Parcel Number | WARR-000003-000000-000015 | Improvements Assessment | £458,622 |
Land Assessment | £317,080 | Total Assessment | £775,702 |
PROPERTY TAXES
Listing ID: 9511782
Date on Market: 10/10/2017
Last Updated:
Address: 375 Main St, Warren, RI 02885
The Retail Property at 375 Main St, Warren, RI 02885 is no longer being advertised on LoopNet.co.uk. Contact the broker for information on availability.
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