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Burlington, NC - Dunkin' Drive-Thru
2604 Maple Avenue | Burlington, NC 27215
$1,914,000
Price4.65%
Cap Rate$89,000
NOI900
± SF Offering GLADescription
The tenant, NC QSR Management, recently signed a brand new 20-year lease, demonstrating their commitment to the site. The lease features 5% rental increases every 5 years during the initial term, and 10% increases at the beginning of each option period, generating additional NOI and hedging against inflation. The building is newly constructed, with state-of-the-art design elements selected specifically for Dunkin’.
Location
The building is equipped with a dual-lane drive-thru, promoting ease of access and convenience for customers. The property is located at the signalized, hard corner intersection of Hanford Rd and Maple Ave, featuring a combined average of 31,000 vehicles passing by daily. Dunkin’ is located in extremely close proximity to direct access to Interstate 40 (132,000 VPD), a major commuter thoroughfare that connects Burlington to nearby population centers including Greensboro and Durham. More than 94,000 residents and 49,000 employees support the trade area with an average household income of $65,562.
Documents & Links
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 Offering Memorandum |  |  |