Dunkin Donuts

Investment Highlights

ORLANDO MSA LOCATION
• DeBary is located approximately 30 minutes North of Orlando and is part of the Orlando MSA.
• Orlando is the Fourth Largest City in Florida and the state’s largest inland city with a population of 287,442.
• Home to Walt Disney World and Universal Studios, Orlando is one of the most-visited cities in the world with over 75 million visitors per year generating over $75 billion annually.
• Orlando International Airport is the state’s busiest airport serving over 50 Million passengers per year.
• The Orlando region ranked first in the nation for job growth for four consecutive years.

TAX FREE STATE
• Florida is one of 7 U.S. states that has no State Income Tax.

OUTPARCEL TO GROCERY ANCHORED SHOPPING CENTER
• Located only 20 miles North of Downtown Orlando on N. Charles Richard Beall Blvd. (25,000 VPD) and 3 Miles from I-4 (111,000 VPD) that connects DeBary to Orlando.
• This property sits as an outparcel to a Winn Dixie-anchored shopping center and across The street from Walgreens and an AutoZone.
• Additional nearby national retailers include Publix, Target, Lowe’s, Hobby Lobby, Home Depot, Big Lots and more.
• Located less than a mile from numerous golf clubs and DeBary Elementary School with 790 students and faculty.

SUPERIOR STORE SALES
• This location has well above average store sales and a very conservative rent to sales ratio.
• The store sales have increased year over year for the past 4 years in a row.

NATIONAL TENANT WITH EXPERIENCED FRANCHISEE
• Franchisee has 30 years of restaurant experience and owns multiple Dunkin’ Donuts stores throughout Florida.
• Dunkin’ Donuts is the world’s leading baked goods and coffee chain, serving more than 3 million customers per day.
• Dunkin’ Donuts has over 12,900 locations in 43 U.S. states and 43 countries.

ATTRACTIVE RENT INCREASES
• There are 5 years remaining on an initial 10 year Lease with 10% increases in year 6 and in each of the four, 5-year option periods.
• Tenant is responsible for Taxes, Insurance and CAM.
• Landlord is responsible for Roof and Structure.