Current Use by Public Records
- Retail properties & Spaces
Property Details for 13149 Us-301
- Year built
- 2015
- Lot size
- 1.00 lot acres
- Property type
- Retail properties & Spaces
- Property subtype
- Restaurants
Description
This exceptional investment opportunity presents a 2,205 square foot Dunkin' restaurant located at 13149 US-301, Dade City, Florida 33525. The property boasts a strong 5.00% cap rate and a substantial net operating income (NOI) of $95,836. Secured by a 20-year triple-net (NNN) lease with a franchisee tenant, the lease commenced May 1, 2015, and has a remaining term of 10.4 years, expiring April 30, 2035. Rent bumps are included in renewal options, offering further upside potential. The property sits on a one-acre lot and benefits from excellent visibility along US-301, a major thoroughfare with over 26,500 cars daily. Its prime location within Dade City's primary retail corridor, near Walmart, Winn-Dixie, and McDonald's, ensures high traffic and strong consumer demand. The area's population of 114,506 within a 10-mile radius is projected to grow by more than seven percent in the next five years. The property's convenient accessibility, adjacent to a hotel and an 80-unit apartment complex, and proximity to the Lennar at Mirada master-planned community (5,000+ homes) further enhances its value and potential for long-term growth. The asking price is $1,916,700, representing a price per square foot of $869.25. This is a rare opportunity to acquire a high-performing, well-located Dunkin' restaurant with a long-term lease and significant growth potential in a thriving market.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Dade City
- County
- Pasco
- State
- Florida
- Longitude
- -82.1882
- Latitude
- 28.3499
