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411 Violet Ave
Poughkeepsie, NY 12601
Dunkin' · Retail Property For Sale
Investment Highlights
- Near Multiple NY State Government Facilities
- 8% Percentage Rent Vs Base Rent
- Upcoming Rent Increase
Executive Summary
Introducing your next lucrative investment opportunity! Nestled in vibrant Poughkeepsie, 411 VIOLET AVE presents a premier location for this Dunkin' property with a net income of $79,364/year and a 5.65% cap rate. Boasting a single-tenant NNN lease with approximately 11.5 years remaining, this site enjoys proximity to various NY state government facilities and benefits from a growing local population. The lease includes an enticing rent increase to a 5.91% cap rate in 2027 and features a unique 8% percentage rent versus base rent structure. Violet Avenue Café, the lease guarantor, showcases a solid commitment to the Dunkin' Brand and the Poughkeepsie market. With a sizeable 2.96-acre assemblage across two lots, this property offers an attractive, hassle-free investment opportunity in a high-demand location. Don't miss out on this excellent chance to add the Dunkin' in Poughkeepsie to your investment portfolio!
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Service Station
Building Size
1,288 SF
Building Class
B
Year Built
1980
Price
$1,972,337 CAD
Price Per SF
$1,531.32 CAD
Cap Rate
5.60%
NOI
$110,451 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.43 AC
Zoning
NBD
Property Taxes
| Parcel Number | 133200-6163-04-534430-0000 | Improvements Assessment | $270,964 CAD |
| Land Assessment | $129,846 CAD | Total Assessment | $400,810 CAD |
Property Taxes
Parcel Number
133200-6163-04-534430-0000
Land Assessment
$129,846 CAD
Improvements Assessment
$270,964 CAD
Total Assessment
$400,810 CAD
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