Single tenant dunkin donuts for sale

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The Boulder Group is pleased to exclusively market for sale a single tenant net leased corporately guaranteed Dunkin’ Donuts property located within an affluent suburb of Chicago.

Transcript of Single tenant dunkin donuts for sale

NET LEASED INVESTMENT OFFERING

www.bouldergroup.com

Dunkin’ Donuts (NASDAQ: DNKN)1991 Brookdale Road

Naperville, IL 60563 (Chicago MSA)

NET LEASED INVESTMENT OFFERING

www.bouldergroup.com

TABLE OF CONTENTS

TABLE OF CONTENTS

1) Confidentiality&Disclaimer

2) ExecutiveSummary

3) PropertyOverview

4) Aerials

5) Maps

6) TenantProfile

7) DemographicComparisonReport

8) LocationOverview

9) ContactInformation

NET LEASED INVESTMENT OFFERING

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TheinformationcontainedinthefollowingOfferingMemorandumisproprietaryandstrictlyconfidential.ItisintendedtobereviewedonlybythepartyreceivingitfromTheBoulderGroupandshouldnotbemadeavailabletoanyotherpersonorentitywithoutthewrittenconsentofTheBoulderGroup.ThisOfferingMemorandumhasbeenpreparedtoprovidesummary,unverifiedinformationtoprospectivepurchasers,andtoestablishonlyapreliminarylevelofinterestinthesubjectproperty.Theinformationcontainedhereinisnotasubstituteforathoroughduediligenceinvestigation.TheBoulderGrouphasnotmadeanyinvestigation,andmakesnowarrantyorrepresentation.TheinformationcontainedinthisOfferingMemorandumhasbeenobtainedfromsourceswebelievetobereliable;however,TheBoulderGrouphasnotverified,andwillnotverify,anyoftheinformationcontainedherein,norhasTheBoulderGroupconductedanyinvestigationregardingthesemattersandmakesnowarrantyorrepresentationwhatsoeverregardingtheaccuracyorcompletenessoftheinformationprovided.Allpotentialbuyersmusttakeappropriatemeasurestoverifyalloftheinformationsetforthherein.

CONFIDENTIALITY & DISCLAIMER

CONFIDENTITALITY & DISCLAIMER

NET LEASED INVESTMENT OFFERING

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TheBoulderGroupispleasedtoexclusivelymarketforsaleasingletenantnetleasedcorporatelyguaranteedDunkin’Donutsproperty locatedwithinanaffluentsuburbofChicago.Theproperty isstrategically locatedalongIllinoisRoute59,aprimarynorth-souththoroughfare.ThepropertyisideallysituatedalongthemorningcommutesideofIllinoisRoute59.ThecorporatelyguaranteedDunkin’Donutsleasehasapproximatelynineyearsremainingandfeaturesa15%rentalescalationintheprimarytermandineachrenewaloptionperiod.Dunkin’Donutsisapubliclytradedcompany(NASDAQ:DNKN)withamarketcapitalizationinexcessof$4.5billion.Thepropertyisco-brandedwithBaskin-Robbins.

The3,816squarefootDunkin’DonutsbuildingislocatedalongIllinoisRoute59.IllinoisRoute59istheprimarynorth-souththoroughfareinthetradeareathatexperiencestrafficcountsinexcessof45,000vehiclesperday.Additionally,IllinoisRoute59hasadirectinterchangewithInterstate88.Interstate88islocatedapproximatelythree-quartersofamilenorthofthepropertyandexperiencestrafficcountsinexcessof126,000vehiclesperday.Thedenselypopulatedaffluentareahasapproximately190,000peoplelivingwithinafivemileradiusearningaverageannualhouseholdincomesinexcessof$102,000.

TheDunkin’Donutspropertybenefitsfromitscloseproximitytomanylargeofficebuildingsincludingtheheadquartersofseverallargecorporations.BothNicor,anenergyandshippingcompany,andNalco,asupplierofwater,energy,andairimprovementsolutions,areheadquarteredintheimmediatevicinityemploying3,700and1,000people,respectively,at theirNapervilleoffices.Additionally, thesurroundingarea featuresmanynational retailers includingTarget,Meijer,Walgreens,CVS,andChaseBank.

ThereareapproximatelynineyearsremainingonDunkin’DonutsoriginaltwentyyearleasethatexpiresSeptember30,2023.Thecorporatelyguaranteedleasefeaturesa15%rentalescalationintheprimarytermandineachrenewaloptionperiod.Therearefive5-yearrenewaloptionperiods.Dunkin’Donuts ispublicly tradedontheNASDAQ(DNKN)withamarketcapitalizationinexcessof$4.5billion.

INVESTMENT HIGHLIGHTS

•LocatedwithinanaffluentsuburboftheChicagoMSA•15%rentalescalationseveryfiveyears•Nolandlordresponsibilities•LocatedalongtheheavilytraffickedIllinoisRoute59(45,000VPD)•Tenantispubliclytraded(NASDAQ:DNKN)withamarket capitalizationinexcessof$4.5billion•Approximately190,000peoplelivingwithinafivemileradiusearning averagehouseholdincomesinexcessof$102,000annually•Surroundingareafeaturesmanylargeofficebuildingsandthe headquartersofseveralnationalcorporations•Interstate88islocated¾ofamilenorthoftheproperty(126,000VPD)

EXECUTIVE SUMMARY

EXECUTIVE SUMMARY

NET LEASED INVESTMENT OFFERING

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PROPERTY OVERVIEW

PROPERTY OVERVIEW

Price: $2,178,100

CapRate: 5.75%

RentSchedule: NOI EscalationDate

$125,235$144,020 10/1/2018$165,623 10/1/2023(Option1)$190,467 10/1/2028(Option2)$219,037 10/1/2033(Option3)$251,892 10/1/2038(Option4)$289,676 10/1/2043(Option5)

RentalEscalations: 15%EveryFiveYears

RenewalOptions: Five5-Year

LeaseExpirationDate: September30,2023

Tenant: Dunkin’Donuts

Guarantor: Corporate

YearBuilt: 2003

LeaseType: NNN

RentableSquareFeet: 3,816SF

LandAcreage: 72,919SF

NET LEASED INVESTMENT OFFERING

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AERIALS

AERIALS

N

88

126,000 VPD

45,000 VPDILLINOIS ROUTE 59

CORPORATE HEADQUARTERS

CORPORATE HEADQUARTERS

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AERIALS

AERIALS

N

59

BROOKDALE ROADBROOKDALE ROAD

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MAPS

MAPS

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Dunkin’ Brands Group, Inc., togetherwith itssubsidiaries,owns,operates,and franchisesquickservice restaurantsunder theDunkin’DonutsandBaskin-Robbinsbrandsworldwide. Thecompanyoperates in four segments:Dunkin’DonutsU.S.,Dunkin’DonutsInternational,Baskin-RobbinsInternational,andBaskin-RobbinsU.S.Itsrestaurantsofferhotandcoldcoffee,donuts,bagels,muffinsandsandwiches,hard-serveicecream,frozenbeverages,bakedgoods,andotherproducts.AsofFebruary10,2014,thecompanyhadapproximately11,000Dunkin’Donutsrestaurantsand7,300Baskin-Robbinsrestaurants,whichareprimarilyownedandoperatedbyapproximately2,000franchisees,licensees,andjointventurepartners.Dunkin’BrandsGroup,Inc.isheadquarteredinCanton,Massachusetts.

Dunkin’BrandsGroup,IncispubliclytradedontheNASDAQ(DNKN)withamarketcapitalizationinexcessof$4.5billion.

Website: www.dunkindonuts.comStockSymbol: DNKN(NASDAQ)MarketCapitalization: $4.5billionNumberofLocationsWorldwide: 18,300+Standard&Poor’sRating: B+Headquarters: Canton,MA

TENANT PROFILE

TENANT PROFILE

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DEMOGRAPHIC COMPARISON REPORT

DEMOGRAPHIC COMPARISON REPORT

Population 1-mi 3-mi 5-mi

TotalPopulation 14,248 70,298 188,199TotalHouseholds 6,355 28,243 68,485

Income

MedianHouseholdIncome $60,978 $72,442 $76,728AverageHouseholdIncome $78,583 $96,707 $102,663

NET LEASED INVESTMENT OFFERING

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NapervilleisasuburbancityofChicago,locatedinDuPageandWillcountiesintheStateofIllinois.Itwasrated1stonthelistofbestcitiesforearlyretirementin2013bykiplinger.Ina2010study,NapervillewasnamedthewealthiestcityintheMidwestandeleventhinthenationwithapopulationover75,000.Asofthe2010census,thecityhadatotalpopulationof141,853,makingitthefifth-largestcityinIllinois.Onceaquaintfarmingtown,Napervillehasevolvedintoanaffluentcity.TheNapervillecommunityishometo

manylargeemployersincludingEdwardHospital,Nicor,Alcatel-Lucent,andBPAmerica.NapervilleisservedbyTheRonaldReaganMemorialTollway(thetolledportionofInterstate88)runsnearthenorthedgeofNapervillewiththreeexitsservingthecity.www.naperville.il.us

ChicagoisthemostpopulouscityintheMidwesternUnitedStatesandthethirdmostpopulouscityintheUnitedStateswith2,700,000 residents.Chicago is thecountyseatofCookCounty, thesecond largestcountyintheUnitedStates.TheChicagoMSAisthethirdmostpopulatedmetropolitanareaintheUnitedStateswith9,580,567residents.TheMSAcoversover1,300squaremilesandsixcounties.TheChicagometropolitanareaishometothecorporateheadquartersof57Fortune1000companies,includingBoeing,McDonald’s,Motorola,DiscoverFinancialServicesandUnitedAirlines.Chicagoisamajorhubforindustry,

telecommunicationsandinfrastructureandO’HareInternationalAirportisthesecondbusiestairportintheworldintermsofvolume.

ThemetroisamajorfinancialcenterinNorthAmerica,andishometothelargestfuturesexchangeintheUnitedStates,theCMEGroup.ChicagoisthirdintheworldontheGlobalFinancialCentersIndexwhichranksthecompetitivenessoffinancialcentersbasedonpeople,businessenvironment,marketaccess,infrastructureandgeneralcompetitiveness.

www.cityofchicago.org

LOCATION OVERVIEW

LOCATION OVERVIEW

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CONTACT INFORMATION

CONTACT INFORMATION

666DundeeRoad,Suite1801Northbrook,IL60062

Randy BlanksteinPresident847.562.0003randy@bouldergroup.com

Jimmy GoodmanPartner847.562.8500jimmy@bouldergroup.com