Dunkin' NNN Property For Sale — West Hurley, NY
1462 NY-28, West Hurley, NY 12491
This offering features a new 20-year triple net ground lease with Dunkin', commencing in January 2025. The lease includes attractive rental escalations of 10 percent every five years during the primary term, plus five, five-year option periods, providing a strong hedge against inflation. This 940-square-foot, drive-thru only location benefits from excellent visibility and access at the signaled intersection of Route 28 and Route 375, which see a combined traffic count of 21,585 vehicles per day. The property offers full movement access from Route 375 and convenient right-in/right-out access from Route 28. This asset is situated in the historic Hudson Valley submarket, an area known for its restrictive commercial development policies, which limits new competition.
- Address: 1462 NY-28, West Hurley, NY 12491
- Asking price $1.71M
- 5.85% cap rate
- NOI $100,000
- 18.7 years remaining
- NNN lease
- Building size: 940 SF
- Lease expiration: Jan 31, 2045
- Rent increases: 10 percent every five years
- Guarantor: Corporate
Location
This Dunkin' property is at 1462 NY-28 in West Hurley, New York.
Asset type: Restaurant