Contacts

Tyson Glasser

Trinity Partners - Columbia

Property Details

Property Type Retail - Restaurant
Property Size 1,920 SF
Lot Size 1.9 Acre
Additional Rent Contact for pricing
Parking Spaces Avail. 33
Property Tenancy Single Tenant
Year Built 2024
Date Updated Oct 15, 2024

The Property is on the west side of Goldsboro along US 70, the market’s primary commercial corridor with the highest traffic volumes in the county. Goldsboro is the county seat of Wayne County and is about 45 minutes southeast of Raleigh and 90 minutes north of Wilmington.Trinity Partners is proud to serve as exclusive listing broker on behalf of ownership and present this net lease retail investment opportunity in eastern North Carolina occupied by DUNKIN’, the largest U.S. based coffee and donuts brand with over 13,700 locations in 40 global markets. (“Dunkin” or the “Property”). The Property was developed in the first half of 2024 on a 1.9-acre lot with a 1,920 square foot drive-thru building and 33 parking spaces. A 15-year absolute NNN lease is in place that commenced in June 2024 with multiple 5-year renewal options and 10% rent bumps every 5 years. The tenant, Coastal Franchising, is one of the largest franchisees in the chain with nearly 130 locations and headquartered in Charleston, SC.

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Highlights

15-year absolute NNN lease with 3 renewal options of 5 years each and 10% rent bumps every 5 years including the options
Dunkin is the largest coffee/donuts brand in the U.S. (13,700+ locations) and Coastal Franchising is the second largest franchisee (125+ locations)
Located on the market’s primary commercial corridor (US 70) with the highest traffic volumes in the county (18,000+ in front of Property)
Goldsboro has more than 6 million SF of existing retail inventory that is over 97% occupied with positive leasing absorption over the past 12 months
Neighboring tenants include Walmart (2.3M visits per year, Placer.ai), Wawa, Sheetz, Murphy USA, Mavis, O’Reilly’s, Verizon, Wendy’s, Taco Bell, Smithfield’s, Dollar Tree, and dozens more
Average household income of $95,500 within a 3-mile radius of the Property with projected annual growth rate of 3.1% over the next 5 years
Goldsboro is the County Seat of Wayne County and home to Seymour Johnson Air Force Base, a 3,300-acre installation with 4,330 active-duty officers and 6,000 family members
Goldsboro is strategically located at the intersection of I-795 and US 70 and within a 1-day drive of 40% of the U.S. population

Getting around

21/100
Walk Score ®
30/100
Bike Score ®

Powered by Walk Score ®

City Goldsboro, NC
Zip Code 27530

Points of Interest

Goldsboro Union Station

4.36 miles

Murphy Express

0.23 miles
Circle K

1.85 miles
BP

4.60 miles
Belfast Fuel Mart

4.65 miles
Jack's

5.44 miles
Marathon Gas

6.36 miles
Pikeville Quick Mart

6.72 miles
Marathon

6.89 miles
Sheetz

7.00 miles

Wendy's

0.20 miles
Smithfield's Chicken 'N Bar-B-Q

0.28 miles
Fry Daddys

0.32 miles
Doughboy's Pizzeria

0.36 miles
Papa John's Pizza

0.37 miles
Sakura Express

0.38 miles
Domino's

1.23 miles
McDonald's

2.66 miles
Fit 2 Eat Llc

3.11 miles
Dee's Diner

3.12 miles

Walmart Supercenter

0.40 miles
Maxway

4.72 miles
Charlie C's IGA

5.49 miles
Food Lion

5.54 miles
Heritage Farms General Store

5.81 miles
Harris Teeter

6.01 miles
Stoney Creek Food Mart

6.07 miles
Piggly Wiggly

6.18 miles
Howell Bros. Grocery

6.64 miles
Target

7.65 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.