Building Details

Year Built 2015

Tenancy Single

Listing Agency: Marcus & Millichap - Denver

Listed By: Barry Higgins · License #EA 748415

Source: Crexi

Added: Apr 12 Changed: Aug 29 Last Checked: Aug 29 at 2:15PM

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Investment Insights

Based on property information with market context.

This offering consists of a Dunkin' restaurant operating under a 20-year absolute NNN ground lease, with 19 years remaining in the initial term. The structure places landlord management and maintenance responsibilities with the tenant, while providing 10% rent escalations every five years during the initial term and each five-year option period. The lease is guaranteed by ABDD IV LLC, described as a 5 +/- unit entity wholly owned by ABDD Capital.

Completed in 2015, the building features a contemporary design and wrap-around drive-thru pickup window. The property is located at 1479 State Rt 17B in White Lake, New York, with access and visibility along New York State Route 17-B. Average daily traffic is reported at 8,825 vehicles per day, and Resort World Catskills Casino is less than 12 miles away. More than 28,000 people live within a 10-mile radius, where average annual household income exceeds $62,000.

Key Highlights

• 20‑year absolute NNN ground lease with 19 years remaining
• 10% rent escalations every five years during the initial term and option periods
• 2015‑built Dunkin' restaurant with a wrap‑around drive‑thru pickup window

Property Analytics

Current Use

Drive through restaurants

Suggested Use

Top Pick HVAC Service Auto Repair Shop Butcher Restaurant Wine and Liquor Store Supermarket

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

8,825 VPD

Traffic count

Single-tenant

Tenancy

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

84

Businesses Nearby

8k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Dining 100%

Dunkin' Donuts Dining

7,629 visits/mo 0.1 miles

Demographics for 12786, NY

711

Population

926

Households

0.8

Avg Household Size

53

Median Age

42%

College-Educated

91%

High-School Grad

17.2 sq mi

ZIP Area

41

Density / Sq Mi

$80,568

Median Household Income

$80,493

Median Earnings

$167,000

Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019

7.1% 2020

6.5% 2021

6% 2022

5.7% 2023

5.6% 2024

6% 2025

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Frequently Asked Questions

What type of property is this?

NNN property - 2015-built quick-service restaurant with a wrap-around drive-thru window and a long-term absolute NNN lease structure.

Where is this nnn property located?

The property is located at 1479 State Rt 17B White Lake, NY.

What are key features of this property?

This property features: 20‑year absolute NNN ground lease with 19 years remaining; 10% rent escalations every five years during the initial term and option periods; 2015‑built Dunkin' restaurant with a wrap‑around drive‑thru pickup window