• Broker Patrick Luther 4802214221
  • Broker Matthew Mousavi 7144048849
  • Broker Sarah Shanks 5024427079

Dunkin' | 15yr Abs NNN w/ Incrs 603 E Main St 2,128 SF Retail Building Lebanon, OH 45036 $3,228,619 CAD ($1,517.21 CAD/SF) 5.50% Cap Rate

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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

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,128 SF
Building Class
B
Year Built
2025
Price
$3,228,619 CAD
Price Per SF
$1,517.21 CAD
Cap Rate
5.50%
NOI
$177,595 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

LINKS

TRAFFIC

COLLECTION STREET CROSS STREET TRAFFIC VOLUME YEAR Distance
E Main St Dave Dr, E 19,877 2025 0.07 km
Jameson Ave Taylor St, N 247 2025 0.20 km
Jameson Avenue Christian Ln, S 216 2025 0.24 km
JAMESON AVE Christian Ln, S 217 2024 0.24 km
SR 48;SR 123 State Rte 48 17,830 2025 0.25 km
East Main Street - 17,886 2023 0.25 km
SR-48 State Rte 48, E 15,809 2022 0.25 km
SR 48 Hwy 42 St Rte 48, NE 5,119 2025 0.31 km
E Main St Hwy 42 St Rte 48, NE 5,079 2023 0.31 km
RAMP FROM SR48-123 TO SR48 TEMP SB Hwy 42 St Rte 48, NE 5,086 2024 0.31 km

NEARBY MAJOR RETAILERS

Bob Evans
Fifth Third Bank
U.S. Bank
Rent-A-Center
IGA

PROPERTY TAXES

Parcel Number 6131131 Improvements Assessment $73,752 CAD
Land Assessment $81,180 CAD Total Assessment $154,932 CAD

MAP

ADDITIONAL PHOTOS

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View Photo Site Plan

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