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New 15-Year Dunkin' Ground Lease - 110 Burrell Plaza, Lower Burrell, PA

Property Details

  • Price :

  • Square Feet :

  • Cap Rate :

  • $1,091,000

  • 1,858

  • 5.50%

  • NOI :

  • Acres :

  • $60,000

  • 0.70

  • Property Type :

  • Property Status :

  • Net Lease

  • Under Agreement

Investment Highlights

  • New 15-year absolute NNN ground lease located in Lower Burrell, PA
  • 10% rent increases every 5 years
  • Lease guaranteed by Heartland Restaurant Group (HRG) 75-unit operator
  • Rent set at 5.5% of budgeted sales
  • Only exclusive franchisee for Dunkin' in the Pittsburgh MSA
  • Newly renovated in 2022
  • Located on Burrell Plaza – 13,600+ vehicles/day
  • Approximately 14 miles to downtown Pittsburgh
  • Nearby national retailers including Dollar General, Rite-Aid, Aaron's, Dollar Tree, and Sherwin Williams
  • 5-mile population over 60,000 people

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