SRS National Net Lease Group is pleased to offer the opportunity to acquire the fee simple interest (land & building) in an absolute NNN leased, personal guaranteed, drive-thru equipped, Dunkin’ Donuts, investment property located in Rock Island, IL. The tenant, United Donuts Group (9-unit operator), recently signed a brand new 20 year lease with 2 (5-year) option periods to extend. The lease features 5% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is signed by a 9-unit entity and is guaranteed personally by the franchisee. The lease is also absolute NNN with zero landlord responsibilities. The site is currently under construction and is slated to open in July 2018.

Offering Memorandum

Offering Memorandum (copy)

Dunkin’ Donuts is located at the signalized, hard corner intersection of 18th Avenue (14,900 VPD) and 27th Street, and is adjacent to CVS which helps promote crossover shopping. The asset is situated on a dense retail corridor with other nearby national/credit tenants including Hy-Vee, ALDI, Jewel-Osco, Family Dollar, and more. In addition, the site is just 1.2 miles from UnityPoint Health Trinity Rock Island Hospital (338 beds). The 5-mile trade area is supported by a population of 160,000 residents with an average household income of over $61,000.

Dunkin' Donuts - Rock Island, IL

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<p>Ivy Kwon joined SRS Real Estate Partners in 2017 and is a Senior Marketing Associate in the Newport Beach office. Ivy is responsible for online marketing including social media and email marketing for SRS’ Capital Markets team. She also oversees pipeline management and coordinates events. Before joining SRS, Ivy worked in the entertainment industry doing marketing and merchandising. </p><p>Ivy has a BA degree from Chapman University. </p>

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Dunkin' Donuts - Rock Island, IL

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