For Sale
$2,091,000

8775 Washington St Thornton, CO 80229

High-traffic Dunkin', strong tenant. Excellent ROI.

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional investment opportunity presents a 2,960 square foot Dunkin' located at 8775 Washington St, Thornton, CO 80229. The property sits on a 1.08-acre lot with 48 parking spaces and boasts a prominent drive-thru. Currently operating under an absolute NNN lease with Sizzling Donuts, LLC, backed by a corporate guarantee from Sizzling Platter, LLC, a large and experienced multi-brand franchisee with over 750 locations nationwide. The lease commenced January 1, 2021, and extends to December 31, 2030, with two, five-year renewal options, each including a 10% rent increase. The property enjoys a 100% occupancy rate, generating a Net Operating Income (NOI) of $113,960, resulting in a 5.45% cap rate. This high-performing location ranks in the 93rd percentile for annual foot traffic among all Colorado Dunkin' locations, situated on a busy thoroughfare with over 30,000 vehicles per day. Its strategic location is further enhanced by its proximity to a Walgreens and a Walmart-anchored shopping center. The property benefits from a strong tenant history, having operated successfully for 11 years prior to the recent lease extension. This is a rare opportunity to acquire a well-established, high-performing Dunkin' in a prime Thornton location, offering significant long-term investment potential.

Highlights

  • Single-tenant Dunkin' in Thornton, CO, near Denver.
  • Leased to Sizzling Donuts, LLC, with corporate guarantee from Sizzling Platter, LLC, a large multi-brand franchisee with 750+ units.
  • 11-year operating history; 10-year lease extension signed in 2020.
  • Absolute NNN lease with 10% rent increases at each option period.
  • Top-performing Colorado Dunkin' location (93rd percentile annual foot traffic).
  • High-traffic location on Washington Street (30,000+ vehicles per day), near Walgreens and a Walmart-anchored center.

Property Details for 8775 Washington St

Property type
Retail properties
Square Feet
2,960 SF
Lot Size (sq. ft)
47,045 SF

Location Insight

City
Thornton
County
Adams
State
Colorado
Latitude
39.8551853
Longitude
-104.9787366

FAQs

What type of property is this?
Retail property - High-traffic Dunkin', strong tenant. Excellent ROI.
Where is the retail property located?
The property is located at 8775 Washington St Thornton, CO.
What is the asking price?
The asking price for this property is $2,091,000.
What are key features of this property?
This property features: Single-tenant Dunkin' in Thornton, CO, near Denver.; Leased to Sizzling Donuts, LLC, with corporate guarantee from Sizzling Platter, LLC, a large multi-brand franchisee with 750+ units.; 11-year operating history; 10-year lease extension signed in 2020.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
8775 Washington St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message