Mary Skinner / May 9, 2017
Free-standing 1,900 SF building with drive-thru occupied by Dunkin’ Donuts on US Highway 1 in Fort Pierce, Florida has just been sold for a grand total of $1,700,000 which equates to a 5.8 Cap rate. The buyer is an investor from Bronx, New York and plans to hold the property as a long term investment. The sale was brokered by Jeremiah Baron, Broker and Owner of Jeremiah Baron & Co. Commercial Real Estate, LLC, who represented both the buyer and the seller.