Dunkin'

Forged Real Estate is pleased to exclusively offer the opportunity to acquire the fee simple interest in a single tenant property leased to Dunkin’, (the “Property”) in Cherry Hill, NJ a township in Camden County and a suburb of Philadelphia. Dunkin’ has operated at this location for over 50 years establishing an identity within the Cherry Hill community. Additionally, Dunkin’ recently commenced a new
10-year absolute triple-net (NNN) lease that features 10% rental increases every 5 years. The triple-net (NNN) lease structure allows for
a hands-free, passive form of ownership.
Dunkin’ sits at the corner of the bustling signalized intersection of Marlton Pike East and Greentree Road, two thoroughfares boasting a combined 98,700 VPD and allowing for plenty of visibility from local traffic. The property boasts multiple modes of ingress and egress with access from both Marlton Pike East (84,900 VPD) and Greentree Road (13,800). Dunkin’ sits less than 1 mile from Exit 34A & 34B off Interstate 295, a major interstate highway boasting 138,800 VPD.
Just over 10 miles from Center City Philadelphia, the property is part of the Philadelphia MSA which boasts a population of over 6.24 million residents. The 5-mile area surrounding the property exhibits excellent demographics with a population of over 235,000 people
and 93,000 households. Within that same radius, the average household income is over $155,000. Dunkin’ is the world’s leading baked goods and coffee chain, serving more than 3 million customers every day. With over 13,200 locations in nearly 40 global markets, Dunkin’ has become the largest coffee and donuts brand in the United States.
ABSOLUTE NNN LEASE – Dunkin’ recently commenced on a new 10-year absolute triple-net (NNN) lease that features 10% rental increases every 5 years. The triple-net (NNN) lease structure allows for a hands-free, passive form of ownership.
LONG TERM OPERATING HISTORY – Dunkin’ has an operating history of over 50 years at this location creating an identity within the Cherry Hill, NJ community.
PRIME LOCATION – Dunkin’ sits at the corner of the bustling signalized intersection of Marlton Pike East and Greentree Road, two thoroughfares boasting a combined 98,700 VPD and allowing for plenty of visibility from local traffic. The property boasts multiple modes of ingress and egress with access from both Marlton Pike East (84,900 VPD) and Greentree Road (13,800).
TOP QSR TENANT – Dunkin’ is the world’s leading baked goods and coffee chain, serving more than 3 million customers each and every day. With over 13,200 locations in nearly 40 global markets, Dunkin’ has become the largest coffee and donuts brand in the United States.
PHILADELPHIA MSA – Sitting just over 10 miles from Center City Philadelphia, the property is part of the Philadelphia MSA which boasts a population of over 6.24 million residents.
DENSELY POPULATED, AFFLUENT AREA – The 5-mile area surrounding the property exhibits excellent demographics with a population of over 235,000 people and 93,000 households. Within that same radius, the average household income is over $155,000.
BOOMING COMMERCIAL CORRIDOR – Marlton Pike (84,900 VPD) is home to a number of national retailers including: Whole Foods Market, ShopRite, Aldi, CVS Pharmacy, Bank of America, Wells Fargo Bank, TD Bank, Fulton Bank, Santander Bank, WSFS Bank, Kohl’s, Five Below, PetSmart, Staples, Planet Fitness, Advance Auto Parts, Firestone, Mavis Discount Tire, Pep Boys, Verizon, T-Mobile, Chipotle, McDonald’s, Chick-Fil-A, Taco Bell, Dunkin’, Starbucks, Raising Cane’s, and much more demonstrating the strength of the retail corridor.
NEARBY ACCESS TO MAJOR INTERSTATE HIGHWAY (138,800 VPD) – Dunkin’ sits less than 1 mile from Exit 34A & 34B off Interstate 295, a major interstate highway that boasts 138,800 VPD.