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411 Violet Ave
Poughkeepsie, NY 12601
Dunkin' · Retail Property For Sale


Investment Highlights
- Near Multiple NY State Government Facilities
- 8% Percentage Rent Vs Base Rent
- Upcoming Rent Increase
Executive Summary
Dunkin’ – 411 Violet Avenue, Poughkeepsie, NY 12601 presents an exceptional net lease investment opportunity in the heart of the Hudson Valley. This free-standing, fee-simple retail property totals approximately 1,288 SF on 0.43 acres and is leased to Dunkin’ under an absolute NNN structure, offering zero landlord responsibilities. The property features approximately 11.5 years of lease term remaining, with two 5-year renewal options and 12% rent increases every five years, including the next scheduled bump in 2027. The current NOI is approximately $83,496.96, including percentage rent, delivering an attractive 5.89% cap rate. Strategically positioned along Violet Avenue with traffic counts exceeding 9,585 vehicles per day, the site benefits from strong visibility and direct access near key area demand drivers, including the New York State Department of Transportation, NYSEMA, Dutchess Community College, public schools, and surrounding residential neighborhoods. The tenant is operated by Violet Avenue Café LLC, a 14-unit Dunkin’ franchisee, and the lease is backed by an unlimited personal guaranty. Combined with Dunkin’s nationally recognized brand strength and Poughkeepsie’s growing population and stable employment base, this asset offers durable income and long-term investment appeal.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Service Station
Building Size
1,288 SF
Building Class
B
Year Built
1980
Price
$1,417,214
Price Per SF
$1,100.32
Cap Rate
5.89%
NOI
$83,496
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.43 AC
Zoning
NBD
Property Taxes
| Parcel Number | 133200-6163-04-534430-0000 | Improvements Assessment | $194,700 |
| Land Assessment | $93,300 | Total Assessment | $288,000 |
Property Taxes
Parcel Number
133200-6163-04-534430-0000
Land Assessment
$93,300
Improvements Assessment
$194,700
Total Assessment
$288,000
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