603 E Main St - Fast Food FOR SALE


Lebanon, OH 45036
$2,327,000 USD
480-221-4221
603 E Main St, Lebanon, OH for Sale
$2,327,000 USD
Fast Food - FOR SALE
1/4
null | 5.5% Cap Rate

603 E Main St
Lebanon, OH 45036


HIGHLIGHTS

  • Franchisee Guaranteed Lease | Options To Extend | Scheduled Rental Increases | Well-Known & Established Brand
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • Colony Square Shopping Center | Dense Retail Corridor
  • Strong Demographics In 5-Mile Trade Area

OVERVIEW

• The lease is guaranteed by an established franchisee (100+ Unit Operator) • 15 years remaining with 4 (5-year) option periods to extend • The lease features 1.50% annual rental increases throughout the initial term and options, providing a hedge against inflation and steadily growing NOI • Founded in 1950, Dunkin’ is among America’s favorite coffee and baked goods with over 13,700 operating stores

FOR SALE DETAILS

PRICE

$2,327,000 USD

PRICE/SF

$1,094 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dunkin' | 15yr Abs NNN w/ Incrs

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

24

LAND DETAILS

LAND ACRES

0.85 AC

LAND SF

37,187 SF

ZONING

GC

APN/PARCEL ID

6131131

ASK ABOUT THIS PROPERTY

Patrick LutherSRS National Net LeaseMore Info
480-221-4221

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Patrick LutherSRS National Net LeaseMore Info
480-221-4221

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.