April 5, 2024 – Jack Laurendeau, Bob Horvath and Todd Tremblay of Horvath & Tremblay have successfully completed the sale of Dunkin’ in Youngwood, Pennsylvania. Horvath & Tremblay exclusively represented the buyer in this transaction at a sale price of $1,125,000.
Dunkin’ is located at 401 S 3rd Street in Youngwood, Pennsylvania. This is a new construction Dunkin’ that was completed in 2023. Dunkin’ has 14+ years remaining on their Absolute NNN Ground Lease with two (2), 5-Year renewal options and one (1) 4-Year 11-Month renewal option. The lease features attractive 10% rent increases every 5-years throughout the primary lease term and at the start of each renewal option. Dunkin’ is strategically positioned in the southern portion of Youngwood along S 3rd Street (US Route 119), the area’s primary commercial and commuter corridor. Dunkin’ is seconds from the area’s only grocery anchored shopping center and is positioned at the one of the main entrances to Westmoreland County Community College. Additionally, Dunkin’ is close to several industrial and warehouse/distribution properties that provide a built-in customer base and is within 2-miles of the junction of Interstates 70 and 76, both of which drive traffic to the immediate area.
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.