LEGOLAND DUNKIN' DONUTS

6354 Cypress Gardens Blvd SE Winter Haven, FL 33884

SUMMARY

Garito and Company is pleased to offer for sale a 100% fee simple interest in the newly constructed, free-standing Dunkin’ Donuts with drive-thru located at 6354 Cypress Gardens Blvd SE Winter Haven, FL 33884. The location will be open Q4 of 2020 and will be sold with a 20-year NNN lease term, no landlord responsibilities and rent steps every 5 years. The Property is strategically located directly just minutes from Legoland Resort, Walmart, and Publix.

PROPERTY HIGHLIGHTS

SITE SPECIFICATIONS

PRICE:

$1,700,000

DEMOGRAPHICS

RADIUS

3 MILE

5 MILE

POPULATION

35,383

76,003

Avg. Household Income (2018)

$62,524

$64,167

ESTIMATED HOUSEHOLDS

13,201

26,631

PROPERTY OVERVIEW

TENANT NAME:

DUNKIN’ DONUTS

FRANCHISE:

PERSONAL GUARANTEE, 100+ UNIT OPERATOR

OWNERSHIP TYPE/LEASE TYPE:

FEE SIMPLE/NNN

LANDLORD RESPONSIBILITIES:

NONE

STORE OPENING:

FOURTH QUARTER 2020

LEASE TERM REMAINING:

20 YEARS

PRICE:

$1,700,000

YEAR-ONE NOI:

$85,000

CAP RATE:

5.00%