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Dunkin' & Jimmy Johns | Washington, NC 1689 W 5th St 3,118 SF 100% Leased Retail Building Washington, NC 27889 $3,169,300 ($1,016.45/SF) 6.50% Cap Rate

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Investment Highlights

Two-tenant retail building that is 100% leased to Dunkin' and Jimmy John's in Washington, NC.
Jimmy John's lease is expected to commence in September and will feature 10% rent increases in year 6 and each of the three, 5-year renewal options.
The tenants benefit from dynamic demographics, with a population of 11,831 and an average household income of $69,621 within a 3-mile radius.

Dunkin's lease commenced in 2026, and features rent increase of 7.5% every 5 years throughout the initial term and in each of the four, 5-year options
The site is located within Washington’s primary retail & commercial corridor, with 1.7 MSF of retail and 2.1 MSF of industrial within a 3-mile radius.

Executive Summary

CBRE is pleased to exclusively offer for sale the 3,118-square-foot, two-tenant retail building that is 100% leased to Dunkin’ and Jimmy John’s in Washington, NC. Built in 2026, Dunkin’ & Jimmy John’s is located along West 5th Street (21,500 VPD), less than one mile from downtown Washington. Access to Highway 17 (8,300 VPD) and Clarks Neck Road (15,00 VPD) is also just feet away.