73 Plank Rd Newburgh, NY 12550-2119
This exceptional investment opportunity presents a single-tenant, net-leased Dunkin' restaurant located at 73 N Plank Rd, Newburgh, NY 12550. The property boasts a 3,000 square foot building situated on a 0.58-acre lot with 18 parking spaces. The current lease expires October 30, 2025, offering a remaining term of approximately 0.9 years. The property features a strong 10.06% cap rate, generating a Net Operating Income (NOI) of $95,562. This is an absolute NNN lease, meaning the landlord has no responsibility for property expenses. The Dunkin' location benefits from a high-traffic retail corridor, with nearby national tenants including McDonald's, Burger King, Walgreens, Pizza Hut, and Ocean State Job Lot. The area demonstrates strong demographics, with an average household income exceeding $118,000 within a one-mile radius. The property's proximity to I-84 (0.7 miles), a major highway with over 73,000 vehicles per day, further enhances its visibility and accessibility. The existing building presents a value-add opportunity, with potential for redevelopment, including the addition of a drive-thru. The asking price for this property is $950,000.
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Dunkin' Restaurant Take-out & Catering
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2021Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.