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Key Details
Sold Price $1,060,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 1,776 sqft
Price per Sqft $596
Subdivision Queens Mirror South Rep
MLS Listing ID O5837381
Year Built 1979
Annual Tax Amount $1,148
Lot Size 5,227 Sqft
Property Description
Dunkin Donuts Ground Lease for sale. Located in Casselberry at 1792 and 436, Rental income starting March 2020 is $72,995.00. This Dunkin has been here for 15 years of the original 20-year term, 5 years remaining on the lease with one 5 year option. Dunkin owns the building and if they choose not to renew their lease the building goes to the property owner. Corporate Dunkin pays rent, Tenant multi-unit franchisee, NNN lease with a 6.35% CAP Rate. Over $72,000.00 Annual income.
Location
State FL
County Seminole
Community Queens Mirror South Rep
Zoning R-8
Interior
Cooling Central Air
Building
Foundation Slab
Structure Type Block
New Construction false
Others
Special Listing Condition None
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