1480 US-331 Hwy
Defuniak Springs, FL 32435
Dunkin’ Donuts | Baskin Robbins · Retail Property For Sale

The subject Dunkin Donuts/Baskin Robbins located in DeFuniak Springs has a brand new, 15-year lease providing stable, long-term income to investors. The offering features four, five-year renewal options with 10% increases every five years throughout the base term and option periods providing generous rent growth. The lease is guaranteed by Purple Square Management Co. which owns and operates 59 Dunkin Donuts/Baskin Robbins locations and has been named Dunkin Brands’ southeast franchisee of the year. The property is ideally situated with excellent access and visibility on State Road 331, with a traffic count of more than 18,000 vehicles per day. The subject property is within close proximity to Interstate 10, which has a traffic count of more than 22,000 vehicles per day. The asset is located in the prime retail corridor in between Pensacola, a major anchor market on the Gulf Coast and Tallahassee which is the capital of Florida. Surrounding retailers include Lowes, Walmart Supercenter, Tractor Supply Company, Hibbett Sports, Winn Dixie, Rent-A-Center, Dollar General, Dollar Tree, Bealls Outlet, Walgreens, McDonald’s, Taco Bell, Pizza Hut, Waffle House and many more. Dunkin’ Donuts is the world’s leading baked goods and coffee chain, serving more than 3 million customers everyday with annual sales exceeding $40 Million. The company also operates the Baskin-Robbins Brand, the world’s largest chain of ice cream specialty shops with more than 19,000 points of distribution in nearly 60 countries worldwide. Dunkin’ Brands Group, Inc. is one of the world’s leading franchisors of Quick Service Restaurants.