www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
34416385
34416457

615 E. Main Street, Lebanon, OH 45036 For Sale

DC
CA 02179670
DMC Real Estate
Listed by DMC Real Estate
$1,190,000
1 day on market
Updated 0 days ago

Arby's

Details
APN 13-35-202-018
Property Type Retail
Sub Type QSR/Fast Food, Restaurant (+1)
Square Footage 2,386
Cap Rate 6.87%
NOI $81,836
Occupancy 100%
Tenancy Single
Brand/Tenant Arby's
Lease Type Absolute NNN
Lease Expiration 10/31/2030
Remaining Term 4
Rent Bumps Yes
Lease Options (3) Three, (5) Five year options left.
Price per SqFt $499
Year Built 1987
Year Renovated 2010
Acreage 1.162
Investment Type Net Lease
Tenant Credit Credit Rated, Franchisee
Ground Lease No
Ownership Fee Simple

Well positioned Arby's in a dominant QSR alley

Marketing description

Positioned on one of Lebanon's primary commercial corridors, this single-tenant Arby's presents investors with the opportunity to acquire a well-located quick-service restaurant in a mature retail trade area. The property benefits from excellent visibility along East Main Street, with traffic counts approaching 20,000 vehicles per day, providing consistent exposure to both local and commuter traffic. The surrounding demographic profile is equally attractive, with average household incomes of $83,690 within 1 mile, $104,410 within 3 miles, and $136,570 within 5 miles, supporting strong consumer spending power.

One of the property's most compelling attributes is the strength and stability of the surrounding quick-service restaurant corridor. Neighboring national brands have demonstrated a long-term commitment to this location, with operators either remaining at their respective sites for many years or investing significant capital into recent renovations and store modernizations. This continued reinvestment by national tenants reinforces the corridor's viability and underscores investor confidence in the Lebanon market.

Conveniently located between Cincinnati and Dayton, Lebanon continues to experience residential and commercial growth while serving as the county seat of Warren County. The property enjoys easy access to major transportation routes, including Interstate 71, and benefits from a well-established retail environment that attracts consumers from the surrounding region.

Investment highlights

  • Restaurant Management Inc is the guarantor providing investors with the security of a nationally recognized franchisee.
  • Absolute NNN Investment with zero landlord responsibilities
  • Proven Operating History with the tenant successfully occupying the site for 15+ years, demonstrating long-term commitment to the location.
  • Established Quick-Service Restaurant Corridor featuring nationally recognized brands including McDonald's, Dunkin', Taco Bell, Wendy's, and KFC.
  • Lebanon serves as the main throughway connecting Cincinnati and Dayton.
  • Recent Retail Investment highlighted by the opening of a new Dunkin' in 2025, reinforcing continued retailer confidence in the corridor.
  • Strong Traffic Exposure with approximately 19,862 vehicles per day along E. Main Street.
  • High-Performing Trade Area where neighboring QSR operators have demonstrated long-term confidence through continued occupancy, property renovations, and ongoing capital investment.

Listing Contacts

DC
CA 02179670
DMC Real Estate
Listed by DMC Real Estate

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$81,836.00
$6,819.67/mo

Valuation Metrics

0
DSCR
6.88%
Cap Rate
6.88%
ROI

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Similar Properties

View All
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591