Tenant: Dunkin’ Donuts
Premises: 2000 SF
Renewal Options: 4 x 5 Year
Lease Expiration: 2031
Lease Type: Absolute NNN
Rental Increases: 10% Every 5 Yrs
With more than 19,000 points of distribution in nearly 60 countries worldwide, Dunkin’ Brands Group, Inc.(Nasdaq: DNKN) is one of the world’s leading franchisors of quick service restaurants (QSR) serving hot and cold coffee and baked goods, as well as hard-serve ice cream. At the end of the third quarter 2015, Dunkin’ Brands’ nearly 100 percent franchised business model included more than 11,900 Dunkin’ Donuts restaurants and more than 7,600 Baskin-Robbins restaurants. Dunkin’ Brands Group, Inc. is headquartered in Canton, Mass.
What’s more, they have multi-unit development agreements for both Brands in FL, AL, LA, NC and SC. By the end of 2016, they will have nearly 65 locations in all. In addition, they are very excited to add Popeyes Louisiana Kitchen to their stable of Brands! They will be developing multiple stores in the Atlanta, GA market and anticipate having 7 locations open by the end of 2017.