Dunkin' | 15yr Abs NNN w/ Incrs 603 E Main St 2,128 SF Retail Building Lebanon, OH 45036 $3,310,204 CAD ($1,555.55 CAD/SF) 5.50% Cap Rate
INVESTMENT HIGHLIGHTS
- Franchisee Guaranteed Lease | Options To Extend | Scheduled Rental Increases | Well-Known & Established Brand
- Colony Square Shopping Center | Dense Retail Corridor
- Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
- Strong Demographics In 5-Mile Trade Area
EXECUTIVE SUMMARY
• 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
• 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
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
2,128 SF
Building Class
B
Year Built
2025
Price
$3,310,204 CAD
Price Per SF
$1,555.55 CAD
Cap Rate
5.50%
NOI
$182,083 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.85 AC
Zoning
GC - General Commercial
Parking
24 Spaces (11.28 Spaces per 1,000 SF Leased)
Frontage
119’ on East Main Street
AMENITIES
- Dedicated Turn Lane
- Freeway Visibility
- Restaurant
- Signage
- Drive Thru
NEARBY MAJOR RETAILERS
