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711 Route 211 E
Middletown, NY 10941
Dunkin Donuts | 8.5yrs Abs NNN | DriveThru · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • 8.5 Years Remaining | Options To Extend | Experienced Franchisee Guaranty (25+ Units)
  • Fronting Primary Thoroughfare | Drive-Thru Equipped | Dense National Retailer Presence | Near Interstate 84
  • Healthy Demographics In 5-mile Trade Area
  • Absolute NNN | Fee Simple Ownership | Passive Deal |Zero Landlord Responsibilities
  • Nearby National Retail Anchors | The Galleria at Crystal Run Mall (1.1M SF) | Increases Consumer Traffic

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
2,600 SF
Building Class
B
Year Built
2008
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.00 AC
Zoning
ENT-L - Light Enterprise

AMENITIES

  • Freeway Visibility
  • Restaurant
  • Drive Thru

ABOUT 711 ROUTE 211 E , MIDDLETOWN, NY 10941

Dunkin’ Donuts is ideally located directly fronting State Highway 111, a primary east/west thoroughfare serving the city of Middletown, with over 25,100 vehicles passing by each day. The asset is also within 2-miles of the on/off ramps to Interstate 84 (44,000 VPD), the main freeway in the Hudson Valley region. The building features a drive-thru lane, providing ease and convenience for customers. On average, stores with drive-thrus generate higher sales than those without. The property is less than 1-mile west of major retail centers such as Orange Plaza (378,000 SF), anchored by a 24-hour Walmart Supercenter, The Home Depot, and Burlington, as well as Dunning Farms Shopping Center (359,000 SF) with notable tenants Michaels, T.J. Maxx, Harbor Freight Tools, HomeGoods, Petsmart, AC Moore, and more. Other retailers in the trade area include Lowe’s Home Improvement, Sam’s Club, Hannaford, Price Chopper, Tractor Supply Co., Petco, Best Buy, Hobby Lobby, and more. The Galleria at Crystal Run, a 1,100,000 SF enclosed mall is located just 1.5 miles south of the property and is anchored by Macy’s, Target, JCPenney, Dick’s Sporting Goods, H&M, Urban Air Adventure Park, and Gold’s Gym, further boosting crossover shopping and traffic in the area. The subject property is in close proximity to Orange Regional Medical Center (383 Beds), one of the largest medical facilities in the greater Hudson Valley Health System. The 5-mile trade area is supported by a population of over 65,000 residents with an average household income of $88,000.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
335200-041-000-0001-020.000-0000
Land Assessment
$30,000
Improvements Assessment
$51,900
Total Assessment
$81,900
  • Listing ID: 18883880

  • Date on Market: 3/16/2020

  • Last Updated:

  • Address: 711 Route 211 E, Middletown, NY 10941

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