Dunkin Donuts NNN Lease Just Sold Davenport FL
We are pleased to announce that we have just sold a Dunkin Donuts NNN Lease in a 1031 Exchange transaction. The property is located at 43450 US Highway 27, Davenport FL 33837. CASABLANCA Commercial Real Estate represented the Buyer in the transaction and arranged the closing from the property identification, offer and price negotiation, due diligence, and finally the closing. The transaction closed in a record time of forty five (45) days from contract execution to closing. Below are some highlights about the transaction.
- Price Sold: $2,095,238
- Lease Term/Type: 20 Years Absolute NNN
- CAP Rate: 5.25%
- Rent Increases: 8% Every 5 Years
- Tenant: Dunkin Donuts Franchisee
- Location: Davenport, FL
- Funding: All Cash 1031 Exchange
If you are looking for a replacement property for your 1031 Exchange or if you are looking to buy a NNN Lease Property, we can help you in finding and negotiating the best property according to your investment goals and risk tolerance. We are a specialized team in Triple Net (NNN) Investments properties Nationwide USA.
Why choosing us?
- We are a specialized NNN Buyers’ Broker focusing only on Net-leased assets.
- We represent you as a Buyer exclusively in the transaction, not the seller.
- Our Buyer’s Brokerage Fees are Free for the Buyer.
- We have ample access to off-the market properties
- Comprehensive knowledge of the critical aspect of a NNN Investment transaction.
- Strong and key relationships with Developers, National Brokers, Tenants & Lenders.
You can contact us at 407.205.7570 or 800.406.7640, let us be your trusted Triple Net NNN Lease Advisor