Single tenant-dunkin-donuts-for-sale

triplenet 734 views 12 slides Aug 20, 2014
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About This Presentation

The Boulder Group is pleased to exclusively market for sale a single tenant net leased corporately guaranteed Dunkin’ Donuts property located within an affluent suburb of Chicago.


Slide Content

NET LEASED INVESTMENT OFFERING
www.bouldergroup.com Dunkin’ Donuts (NASDAQ: DNKN)
1991 Brookdale Road
Naperville, IL 60563 (Chicago MSA)

NET LEASED INVESTMENT OFFERING
www.bouldergroup.com TABLE OF CONTENTS
TABLE OF CONTENTS
1) Confidentiality & Disclaimer
2) Executive Summary
3) Property Overview
4) Aerials
5) Maps
6) Tenant Profile
7) Demographic Comparison Report
8) Location Overview
9) Contact Information

NET LEASED INVESTMENT OFFERING
www.bouldergroup.com The inf contained in the following Offering Memorandum is proprietary and strictly confidential. It is intended to
be re only by the party receiving it from The Boulder Group and should not be made available to any other person
or e without the written consent of The Boulder Group. This Offering Memorandum has been prepared to provide
summary, unverified information to prospective purchasers, and to establish only a preliminary level of interest in the
subject pr The information contained herein is not a substitute for a thorough due diligence investigation. The
Boulder Gr has not made any investigation, and makes no warranty or representation. The information contained
in this Of Memorandum has been obtained from sources we believe to be reliable; however, The Boulder Group
has no v and will not verify, any of the information contained herein, nor has The Boulder Group conducted any
investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy
or com of the information provided. All potential buyers must take appropriate measures to verify all of the
information set forth herein.
CONFIDENTIALITY & DISCLAIMER
CONFIDENTITALITY & DISCLAIMER

NET LEASED INVESTMENT OFFERING
www.bouldergroup.com The Boulder Group is pleased to exclusively market for sale a single tenant net leased corporately guaranteed Dunkin’
Donuts pr located within an affluent suburb of Chicago. The property is strategically located along Illinois Route
59, a primary north-south thoroughfare. The property is ideally situated along the morning commute side of Illinois Route
59. The cor guaranteed Dunkin’ Donuts lease has approximately nine years remaining and features a 15% rental
escalation in the primary term and in each renewal option period. Dunkin’ Donuts is a publicly traded company (NASDAQ:
DNKN) with a market capitalization in excess of $4.5 billion. The property is co-branded with Baskin-Robbins.
The 3,8 square foot Dunkin’ Donuts building is located along Illinois Route 59. Illinois Route 59 is the primary north-south
thoroughfare in the trade area that experiences traffic counts in excess of 45,000 vehicles per day. Additionally, Illinois
Route 59 has a direct interchange with Interstate 88. Interstate 88 is located approximately three-quarters of a mile north
of the pr and experiences traffic counts in excess of 126,000 vehicles per day. The densely populated affluent area
has appr 190,000 people living within a five mile radius earning average annual household incomes in excess
of $102,000.
The Du Donuts property benefits from its close proximity to many large office buildings including the headquarters
of se large corporations. Both Nicor, an energy and shipping company, and Nalco, a supplier of water, energy, and
air im solutions, are headquartered in the immediate vicinity employing 3,700 and 1,000 people, respectively,
at their Naperville offices. Additionally, the surrounding area features many national retailers including Target, Meijer,
Walgreens, CVS, and Chase Bank.
There are approximately nine years remaining on Dunkin’ Donuts original twenty year lease that expires September 30,
2023. The corporately guaranteed lease features a 15% rental escalation in the primary term and in each renewal option
period. There are five 5-year renewal option periods. Dunkin’ Donuts is publicly traded on the NASDAQ (DNKN) with a
market capitalization in excess of $4.5 billion.
INVESTMENT HIGHLIGHTS
• Located within an affluent suburb of the Chicago MSA
• 15% rental escalations every five years
• No landlord responsibilities
• Located along the heavily trafficked Illinois Route 59 (45,000 VPD)
• Tenant is publicly traded (NASDAQ: DNKN) with a market
capitalization in excess of $4.5 billion
• Approximately 190,000 people living within a five mile radius earning
average household incomes in excess of $102,000 annually
• Surrounding area features many large office buildings and the
headquarters of several national corporations
• Interstate 88 is located ¾ of a mile north of the property (126,000 VPD)
EXECUTIVE SUMMARY
EXECUTIVE SUMMARY

NET LEASED INVESTMENT OFFERING
www.bouldergroup.com PROPERTY OVERVIEW
PROPERTY OVERVIEW
Price: $2,178,100
Cap Rate: 5.75%
Rent Schedule: NOI Escalation Date
$125,235
$144,020 10/1/2018
$165,623 10/1/2023 (Option 1)
$190,467 10/1/2028 (Option 2)
$219,037 10/1/2033 (Option 3)
$251,892 10/1/2038 (Option 4)
$289,676 10/1/2043 (Option 5)
Rental Escalations: 15% Every Five Years
Renewal Options: Five 5-Year
Lease Expiration Date: September 30, 2023
Tenant: Dunkin’ Donuts
Guarantor: Corporate
Year Built: 2003
Lease Type: NNN
Rentable Square Feet: 3,816 SF
Land Acreage: 72,919 SF

NET LEASED INVESTMENT OFFERING
www.bouldergroup.com AERIALS
AERIALS
N
88
126,000 VPD
45,000 VPD
ILLINOIS ROUTE 59
CORPORATE HEADQUARTERS
CORPORATE HEADQUARTERS

NET LEASED INVESTMENT OFFERING
www.bouldergroup.com AERIALS
AERIALS
N
59
BROOKDALE ROADBROOKDALE ROAD

NET LEASED INVESTMENT OFFERING
www.bouldergroup.com MAPS
MAPS

NET LEASED INVESTMENT OFFERING
www.bouldergroup.com Dunkin’ Brands Group, Inc., together with its subsidiaries, owns, operates, and franchises quick service restaurants
under the Dunkin’ Donuts and Baskin-Robbins brands worldwide. The company operates in four segments: Dunkin’
Donuts U Dunkin’ Donuts International, Baskin-Robbins International, and Baskin-Robbins U.S. Its restaurants offer
hot and cold coffee, donuts, bagels, muffins and sandwiches, hard-serve ice cream, frozen beverages, baked goods, and
other pr As of February 10, 2014, the company had approximately 11,000 Dunkin’ Donuts restaurants and 7,300
Baskin-Robbins restaurants, which are primarily owned and operated by approximately 2,000 franchisees, licensees,
and joint venture partners. Dunkin’ Brands Group, Inc. is headquartered in Canton, Massachusetts.
Dunkin’ Brands Group, Inc is publicly traded on the NASDAQ (DNKN) with a market capitalization in excess of $4.5 billion.
Website: www.dunkindonuts.com
Stock Symbol: DNKN (NASDAQ)
Market Capitalization: $4.5 billion
Number of Locations Worldwide: 18,300+
Standard & Poor’s Rating: B+
Headquarters: Canton, MA
TENANT PROFILE
TENANT PROFILE

NET LEASED INVESTMENT OFFERING
www.bouldergroup.com DEMOGRAPHIC COMPARISON REPORT
DEMOGRAPHIC COMPARISON REPORT
Population 1-mi 3-mi 5-mi
Total Population 14,248 70,298 188,199
Total Households 6,355 28,243 68,485
Income
Median Household Income $60,978 $72,442 $76,728
Average Household Income $78,583 $96,707 $102,663

NET LEASED INVESTMENT OFFERING
www.bouldergroup.com Naperville is a suburban city of Chicago, located in DuPage and Will counties in the State of Illinois. It was
rated 1st on the list of best cities for early retirement in 2013 by kiplinger. In a 2010 study, Naperville was
named the wealthiest city in the Midwest and eleventh in the nation with a population over 75,000. As of
the 20 census, the city had a total population of 141,853, making it the fifth-largest city in Illinois. Once
a q f town, Naperville has evolved into an affluent city. The Naperville community is home to
many large employers including Edward Hospital, Nicor, Alcatel-Lucent, and BP America. Naperville is served by The Ronald
Reagan Memorial Tollway (the tolled portion of Interstate 88) runs near the north edge of Naperville with three exits serving
the city.
www.naperville.il.us
Chicago is the most populous city in the Midwestern United States and the third most populous city in the
United Stat with 2,700,000 residents. Chicago is the county seat of Cook County, the second largest
county in the United States. The Chicago MSA is the third most populated metropolitan area in the United
States with 9,580,567 residents. The MSA covers over 1,300 square miles and six counties. The Chicago
metropolitan area is home to the corporate headquarters of 57 Fortune 1000 companies, including Boeing,
McDonald’s, Motorola, Discover Financial Services and United Airlines. Chicago is a major hub for industry,
telecommunications and infrastructure and O’Hare International Airport is the second busiest airport in the world in terms
of volume.
The me is a major financial center in North America, and is home to the largest futures exchange in the United States, the
CME Gr Chicago is third in the world on the Global Financial Centers Index which ranks the competitiveness of financial
centers based on people, business environment, market access, infrastructure and general competitiveness.
www.cityofchicago.org
LOCATION OVERVIEW
LOCATION OVERVIEW

NET LEASED INVESTMENT OFFERING
www.bouldergroup.com CONTACT INFORMATION
CONTACT INFORMATION
666 Dundee Road, Suite 1801
Northbrook, IL 60062
Randy Blankstein
President
847.562.0003
[email protected]
Jimmy Goodman Partner
847.562.8500
[email protected]