February 24, 2025 – Michael Talbert, Dan Bernardini, Charles Moody and Rob DiFranco of Horvath & Tremblay have successfully completed the sale of a Dunkin’ in Tarpon Springs, Florida. Horvath & Tremblay exclusively represented the seller and procured the buyer to complete the transaction at a sale price of $1,625,000.
Dunkin’ is located at 40076 US Highway 19 N in Tarpon Springs, Florida. The Property consists of an 1,880 square foot building that was renovated for Dunkin’ in 2014. The original 15-year lease currently has just under 5 years of term remaining, followed by three (3), 5-year renewal options. The lease features attractive 10% rental increases every 5-years through the option periods. Dunkin’ is in the process of renovating this location, demonstrating their commitment to the site and the market. The Tenant is updating the Dunkin to the Nex-Gen look which includes updating the building’s interior and exterior. Dunkin’ is strategically located on US Highway 19, one of the primary commercial corridors in Tarpon Springs with major retailers driving traffic to the area. The Property enjoys excellent visibility and prominent signage on US Highway 19, and this location also benefits from a drive-thru, a proven revenue driver for quick service restaurants. Dunkin’ is down the street from the Shoppes at Tarpon, a Publix-anchored retail center, and Tarpon Square, a Walmart Supercenter-anchored retail center.
Horvath & Tremblay is one of the most active and successful Investment Real Estate Brokerage firms in the United States. Our advisors specialize in the sale of single tenant net-lease assets and retail shopping centers. They have experience successfully structuring sale lease-back programs, portfolio dispositions, and 1031 exchanges. Horvath & Tremblay is dedicated to being the best source of information and expertise in the marketplace for private investors, developers, institutions, and industry professionals.