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612 College Rd

3,965 SF Retail Building Greensboro, NC 27410 £1,893,590 (£478/SF) 5.25% Net Initial Yield

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INVESTMENT HIGHLIGHTS

New 15-Year Lease | Scheduled Rental Increases | Strong Operator | Well-Known & Established Brand
Direct Residential Consumer Base | Demographics in 5-Mile Trade Area
Located Along College Road | Centralized Location | Drive-Thru Equipped | 2024 Renovation | Excellent Visibility

Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
Adjacent to Top-Performing Walmart Neighborhood Market | Strong Tenant Presence | Direct Access to Surrounding Schools

EXECUTIVE SUMMARY

The tenant recently signed a brand new 15 year lease with 3 (5-year) option periods to extend, demonstrating their long term committment to the site. The lease features 10% rental increases every 5 years throughout the initial term and options, growing NOI and hedging against inflation.

Greensboro NC - Dunkin OM

PROPERTY FACTS

Sale Type

Investment NNN

Property Type

Retail

Property Subtype

Fast Food

Building Size

3,965 SF

Building Class

Year Built/Renovated

1970/2024

Price

£1,893,590

Price Per SF

£478

Net Initial Yield

5.25%

NOI

£99,411

Tenancy

Single

Number of Floors

Building FAR

0.10

Lot Size

0.93 AC

Zoning

C-M - Commercial-medium

Parking

34 Spaces (9.66 Spaces per 1,000 SF Leased)

Frontage

116 ft on College Rd

AMENITIES

Bus Route
Pylon Sign

Restaurant

Signage

Drive Thru

Accommodation and Food Services
99,999 SF
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Dunkin’, founded in 1950, is the largest coffee and donuts brand in the United States, with many restaurants in many global markets. Dunkin’ is part of the Inspire Brands family of restaurants. With America’s favorite coffee, innovative beverage strategies, and mouth-watering snacks, Dunkin’ has become the brand everyone knows nationally and loves locally.