Dunkin Donuts

Challenge

Our team was engaged to represent a buyer seeking to acquire a single-tenant retail property as part of a 1031 exchange. The property, a 2,920 SF Dunkin' Donuts located at 1109 Huntsville Hwy in Fayetteville, Tennessee, was built in 2001 and offered on an absolute net lease structure. The assignment required identifying and securing an asset that met the buyer's exchange requirements while navigating the acquisition from the developer directly.

Action

We worked closely with the buyer to evaluate the property against their exchange criteria, focusing on the absolute net lease structure, single-tenant profile, and the passive management characteristics that come with that lease type. Our team coordinated the acquisition process directly with the developer, managing due diligence and guiding the buyer through each stage of the transaction.

Result

• Secured the acquisition on behalf of the buyer at a sale price of $1,826,923 ($626/SF)
• Successfully completed the transaction as a qualifying replacement property for the buyer's 1031 exchange
• Structured the purchase as an absolute net lease acquisition, providing the buyer with a passive, low-management income stream