8775 Washington St Thornton, CO 80229-4713
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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.