This property is Off-Market

2480 Stickney Point Road
Sarasota, FL 34231 ·

2,100 SF · Retail For Sale

N/A

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Dunkin Donuts

Price N/A Cap Rate 9%
Building Size 2,100 SF Occupancy 100%
Property Type Retail Tenancy Single
Property Sub-type Free Standing Bldg Lot Size 0.51 AC
Property Use Type Net Lease Investment with 8 years left on lease
Listing ID: 16099539 Date Created: 02/11/2009 Last Updated: 10/08/2009

Description

Free-standing Dunkin Donuts with 2,100 square feet situated on .517 acres. 10 year NN lease commenced on 12/30/06 and terminating on 12/31/2016. Landlord has roof, structure and parking lot responsibilities. Tenant has 2 ten year options to extend. Rent is flat with 10% percentage rent paid over $1.2mm in store sales per year. Current NOI is $120,000.

Traffic Lit Corner. New prototype building with drive thru.

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2480 Stickney Point Road, Sarasota, FL 34231 (Sarasota County)

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