5101 Pennell Rd | Media, PA 19063
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5101 Pennell Rd
Media, PA 19063
Dunkin' · Retail Property For Sale
Investment Highlights
- Dunkin' has been operating in this location for 20 years and recently recommitted to this site by signing a new 20-yr ground lease
- Dunkin' lease features a large 10% rental increase in every five years as well as in each of the two, five-year option periods
- Dunkin' has a drive-thru which has been an integral part of any tenant’s success throughout the recent pandemic and is a salient point to most tenant
- The long-term ground lease, low rental rate and smaller price point create tremendous real estate fundamentals and reduce possibility of vacancy
- Frontage, signage and two entrances on Pennell Road (12,096 VPD) as well as access from Concord Road (14,403 VPD)
- More than 180,000 residents within 5 miles and average household incomes exceed $100,000 with the 1- 3- and 5- mile rings
Property Facts
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,400 SF
Building Class
B
Year Built
2002
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.86 AC
Parking
31 Spaces (12.92 Spaces per 1,000 SF Leased)
Frontage
Property Taxes
| Parcel Number | 02-00-01878-10 | Improvements Assessment | $1,683,440 |
| Land Assessment | $340,720 | Total Assessment | $2,024,160 |
Property Taxes
Parcel Number
02-00-01878-10
Land Assessment
$340,720
Improvements Assessment
$1,683,440
Total Assessment
$2,024,160
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