Domino's Pizza

NEW 10-YEAR NNN LEASE TERM
This investment features a brand new 10-year NNN lease, providing investors with long-term cash flows.

+/- 24-UNIT OPERATOR | HIGH GROSSING FRANCHISEE
This investment is secured by J.D. Pizza Inc., a +/- 24-unit Domino’s operator founded in 1997 with headquarters in Boston, MA. J.D. Pizza recently purchased this Domino’s location and has some of the highest grossing locations in MA with $35m+ in annual revenues.

+/- $1.985M IN 2019 SALES | ABOVE AVERAGE SALES
This location achieved +/- $1.985 million in sales in 2019, +/- 68.51% higher than the 2019 average unit level Domino’s sales of +/- $1.178 million.

17+ YEARS IN OPERATION | PROVEN SUCCESS AT THIS LOCATION
This Domino’s has been in operation at this location for +/- 17 years, demonstrating long-term success within this market.

EQUIPPED WITH A DRIVE-THRU
This asset comes equipped with a drive-thru, which has likely helped boost profitability during the COVID-19 pandemic by providing a safe way to pick up orders.

DENSELY POPULATED AND AFFLUENT AREA
Within a 5-mile radius of the subject location is a population of +/- 208,822 with an expected growth rate of 2.53%. Additionally, the average household income within 5 miles of the site is +/- $104,065, which is approximately 18.44% higher than the U.S. average income.

17.5% RISE IN SALES THROUGH COVID | LEVERAGING DIGITAL SALES CHANNELS
Domino’s has demonstrated great success throughout Covid, noting a 17.5% rise in comparable U.S. store sales for Q3, which is the strongest same-store sale performance since 2004. Domino’s emphasis on technology innovation has allowed customers a safe way to place and receive orders through digital channels, which account for over 65% of sales.

RECESSION-RESISTANT ASSET
Domino’s has a proven “recession-proof” business model categorized by pizza’s overall convenience and low price point for consumers, which is shown by the chain’s resiliency and strong operations throughout multiple economic cycle downturns.

WITHIN THE BOSTON MSA
The subject property is located within the Boston MSA, the most populous city in New England and the 10th ranked MSA by population. Additionally, Lowell is the fourth-largest city in the state and second-largest within the Boston MSA. Lowell is located +/- 18 miles from Boston Metro and is a 40-minute train ride.

PROXIMITY TO MAJOR SURROUNDING DEVELOPMENTS
This investment property is centrally located between two of Lowell’s largest developments. Ayers Industrial Park is less than 1 mile away and will create over 600 permanent jobs. Additionally, the Hamilton Canal Innovation District is 1 mile north of the subject property and is an $800M mixed-use master plan.