DUNKIN DONUTS

Exclusive OFFERING|$1,728,000 ? 5.50% CAP

DUNKIN DONUTS ? Absolute NNN Lease

FILE PHOTO

US 19 & W. Moores Crossing RD, Thomaston, GA (Atlanta)

214.915.8890

RUSSELL SMITH rsmith@

JOE CAPUTO joe@

Property. 1,844+ SF building on 0.57+ acre site.

Tenant. Dunkin Donuts. Franchisee: Boston Coffee, Inc., operates 70+ Dunkin stores in GA and FL with 20+ years of restaurant and real estate experience. Lease includes strong personal guarantee.

Lease structure. 15-year, absolute NNN lease with 10% rent increases every 5-years in primary term and options.

Location. Dunkin Donuts is strategically situated along US-19 (63,345 VPD) at the signalized intersection with W. Moores Crossing Rd. US-19 is a north-south U.S. highway and the main thoroughfare in Thomaston, GA that runs from the Gulf of Mexico in Memphis, FL, through downtown Thomaston, GA, to Lake Erie, PA. The subject property is located just south of the high traffic signalized intersection in a shopping center anchored by a Home Depot. Notable national credit tenants such as Walmart, Home Depot, Walgreen's, Dollar Tree, Tractor Supply Co, and many more. The subject Dunkin Donuts is located approximately 3-miles north of downtown Thomaston, and 62-miles south of downtown Atlanta, GA.

Table of contents | Disclaimer

Dunkin Donuts

US 19 & W. Moores Crossing RD, Thomaston, GA (Atlanta)

PAGE 1:

COVER

PAGE 2:

TABLE OF CONTENTS | DISCLAIMER

PAGE 3:

INVESTMENT | TENANT | LEASE OVERVIEW

PAGE 4:

TENANT OVERVIEW CONT.

PAGE 5:

IN THE NEWS

PAGE 6-7:

AERIAL PHOTOS

PAGE 8:

SITE PLAN

PAGE 9:

ELEVATIONS

PAGE 10:

LOCATION OVERVIEW

PAGE 11-12: LOCATION MAPS

PAGE 13:

DEMOGRAPHICS

Disclaimer

Secure Net Lease ("Agent") has been engaged as an agent for the sale of the property located at US 19 & W. County Rd, Thomaston, GA (Atlanta) by the owner of the Property ("Seller"). The Property is being offered for sale in an "as-is, where-is" condition and Seller and Agent make no representations or warranties as to the accuracy of the information contained in this Offering Memorandum. The enclosed materials include highly confidential information and are being furnished solely for the purpose of review by prospective purchasers of the interest described herein. The enclosed materials are being provided solely to facilitate the prospective investor's own due diligence for which it shall be fully and solely responsible. The material contained herein is based on information and sources deemed to be reliable, but no representation or warranty, express or implied, is being made by Agent or Seller or any of their respective representatives, affiliates, officers, employees, shareholders, partners and directors, as to the accuracy or completeness of the information contained herein. Summaries contained herein of any legal or other documents are not intended to be comprehensive statements of the terms of such documents, but rather only outlines of some of the principal provisions contained therein. Neither the Agent nor the Seller shall have any liability whatsoever for the accuracy or completeness of the information contained herein or any other written or oral communication or information transmitted or made available or any action taken or decision made by the recipient with respect to the Property. Interested parties are to make their own investigations, projections and conclusions without reliance upon the material contained herein. Seller reserves the right, at its sole and absolute discretion, to withdraw the Property from being marketed for sale at any time and for any reason. Seller and Agent each expressly reserves the right, at their sole and absolute discretion, to reject any and all expressions of interest or offers regarding the Property and/or to terminate discussions with any entity at any time, with or without notice. This offering is made subject to omissions, correction of errors, change of price or other terms, prior sale or withdrawal from the market without notice. Agent is not authorized to make any representations or agreements on behalf of Seller. Seller shall have no legal commitment or obligation to any interested party reviewing the enclosed materials, performing additional investigation and/or making an offer to purchase the Property unless and until a binding written agreement for the purchase of the Property has been fully executed, delivered, and approved by Seller and any conditions to Seller's obligations hereunder have been satisfied or waived. By taking possession of and reviewing the information contained herein, the recipient agrees that (a) the enclosed materials and their contents are of a highly confidential nature and will be held and treated in the strictest confidence and shall be returned to Agent or Seller promptly upon request; and (b) the recipient shall not contact employees or tenants of the Property directly or indirectly regarding any aspect of the enclosed materials or the Property without the prior written approval of the Seller or Agent; and (c) no portion of the enclosed materials may be copied or otherwise reproduced without the prior written authorization of Seller and Agent.

Georgia Broker of Record: Pamela Atwater | Atwater Commercial Real Estate Services

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Investment overview

Dunkin Donuts

US 19 & W. Moores Crossing RD, Thomaston, GA (Atlanta)

PRICE | CAP RATE

$1,728,000 | 5.50%

NET OPERATING INCOME:

$95,000

BUILDING AREA:

1,844+ Square Feet

LAND AREA:

0.57+ Acres

YEAR BUILT:

2019

LANDLORD RESPONSIBILITY: None

OWNERSHIP:

Fee Simple Interest

OCCUPANCY:

100%

Lease overview

Initial Lease Term:

15 Years, Plus (4), 5-Year Options to Extend

Projected Rent Commencement: December 2019

Projected Lease Expiration:

January 2035

Lease Type:

Absolute NNN Lease

Rent Increases:

10% Every 5-Years In Primary Term & Options

Year 1-5 Annual Rent (Current):

$95,000

Year 6-10 Annual Rent:

$104,500 Year 11-15 Annual Rent:

$114,950

Year 16-20 Annual Rent (Option 1): $126,445

Year 21-25 Annual Rent (Option 2): $139,089

Year 26-30 Annual Rent (Option 3): $152,998

Year 31-35 Annual Rent (Option 4): $168,298

Tenant overview

Lessee/Franchisee: Boston Coffee, Inc.

Right of First Refusal:

Yes

BOSTON COFFEE, INC. Boston Coffee, Inc. is an operator with over 20 years of extensive experience in the retail restaurant industry. The partner has successfully owned, financed and operated over 70 Dunkin Donuts in Florida and Georgia.

DUNKIN' DONUTS | Founded in 1950, Dunkin' Donuts is the world's leading baked goods and coffee chain, serving more than 3 million customers per day. Dunkin' Donuts sells 52 varieties of donuts and more than a dozen coffee beverages as well as an array of bagels, breakfast sandwiches and other baked goods. Dunkin' Donuts has earned the No. 1 ranking for customer loyalty in the coffee category by Brand Keys for eight years running. Dunkin' Donuts derives its revenues as a percentage of franchisee sales, known as royalty income. In the long term, the company plans to increase its store count in the U.S. to 15,000 in the next 18-20 years ? almost double the number it has today. The Western part of the U.S. is a major focus area for the company since it has little presence in the region . Dunkin' sees an opportunity to add 5,000 more stores to the West of the Mississippi river, including 1,000 in California. Even in the Eastern part of the country, the company sees an opportunity to add 3,000 more stores, especially in places such as New York City, where Dunkin' Donuts has a relatively low presence.

DUNKIN' BRANDS | With more than 21,000 points of distribution in nearly 60 countries worldwide, Dunkin' Brands Group, Inc. (Nasdaq: DNKN) is one of the world's leading franchisors of quick service restaurants (QSR) serving hot and cold coffee and baked goods, as well as hard-serve ice cream. At the end of 2016, Dunkin' Brands' 100 percent franchised business model included nearly 12,900 Dunkin' Donuts restaurants and 8,000 Baskin-Robbins restaurants. For the full-year 2018, the company had system-wide sales of approximately $11.63 billion. Dunkin' Brands Group, Inc. is headquartered in Canton, Mass.

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tenant overview cont.

Dunkin Donuts

US 19 & W. Moores Crossing RD, Thomaston, GA (Atlanta)

Almost 12,900 stores World wide

392 net new stores in U.S. in 2018 2018 Revenue: $1.32 Billion

Source: franchisee/en/brandPower.html 4

IN the news

Dunkin donuts

US 19 & W. Moores Crossing RD, Thomaston, GA (Atlanta)

Click Here For Article Link

Get An Inside Look At Our Next Generation Concept Store In Quincy, MA

Dunkin' Editorial Staff - (January 16, 2018) - Today, in the city where it all started nearly 68 years ago, we unveiled our next generation concept store. The new Dunkin' Donuts at 588 Washington Street in Quincy, MA is the first look at our U.S. store of the future experience, featuring a modern design and innovative technologies.

Want an inside look at the next generation store? Curious to know if we are changing our name to Dunkin'? Check out our Facebook Live below to get a behind the scenes look at the new store of the future.

The new concept store features a modern atmosphere and new and innovative technologies and design elements, including the first drive-thru exclusively for mobile ordering, fullyintegrated digital kiosks coming in 2018, new crew uniforms designed by Life is Good? and a tap system serving eight consistently cold beverages such as coffees, iced teas, cold brew coffee and nitro infused cold brew coffee. See the new restaurant come to life in the time-lapse video below.

The next generation concept store is located just one mile up the road from the original Dunkin' Donuts, opened 68 years ago in 1950. In fact, both stores are owned and operated by two brothers, Victor and Octavio Carvalho. Victor and Octavio's father, Jose, a former factory worker, purchased the original store in 1979 and today the two brothers own 10 Dunkin' Donuts restaurants in the area.

This restaurant will be the first of 30 or more new and remodeled Dunkin' Donuts restaurants that will test variations of the new design this year. Follow #FutureDunkin on Facebook, Twitter and Instagram to see what's coming next!

To stay up to date on all things Dunkin', sign up for our email news alerts at news.alerts.

Source: "Get An Inside Look At Our Next Generation Concept Store In Quincy, MA." Dunkin' Newsroom, 16 Jan. 2018. Web. 11 Nov 2019 5

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