Listed by SRS Real Estate Partners Newport Beach, SRS Louisville
$2,522,000
Dunkin' | Columbus, OH (High St)
Details
APN 010-111433
Property Type Retail
Sub Type QSR/Fast Food
Square Footage 2,276
Cap Rate 5.75%
NOI $145,000
Tenancy Single
Brand/Tenant Dunkin'
Lease Type Absolute NNN
Lease Term 15
Lease Expiration 09/01/2041
Remaining Term 15.1
Rent Bumps Yes
Lease Options 4 (5-year)
Year Built 2017
Year Renovated 2026
Buildings 1
Acreage 0.610
Zoning Mixed-Use
Parking Spaces 37 spaces
Parking per 1,000 SqFt 16.26
Investment Type Sale/Leaseback
Tenant Credit Franchisee
Lease Commencement 09/01/2026
Ground Lease No
Ownership Fee Simple (Land & Building Ownership)
Retail | 5.75% CAP | 2,276 SqFt
Marketing description
SRS National Net Lease Group, LP is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN leased Dunkin' investment property located in Columbus, Ohio. The tenant will execute a brand new 15-year absolute NNN sale-leaseback commencing September 2026 with 4 (5-year) option periods to extend, demonstrating its long-term commitment to the site. The lease features 1.50% annual rental increases throughout the initial term and option periods, steadily growing NOI and providing a hedge against inflation. The lease is absolute NNN with zero landlord responsibilities, making it an ideal, management-free investment opportunity for a passive investor.
Investment highlights
- Brand new 15-year absolute NNN sale-leaseback commencing at Close of Escrow, demonstrating the tenant's long-term commitment to the site
- Lease features 1.50% annual rental increases throughout the initial term and 4 (5-year) option periods, steadily growing NOI and providing a hedge against inflation
- Experienced franchisee operator with a portfolio of more than 70 Dunkin' locations
Listing Contacts
Listed by SRS Real Estate Partners Newport Beach, SRS Louisville
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$145,000.00
$12,083.33/mo
Valuation Metrics
0
DSCR
5.75%
Cap Rate
5.75%
ROI
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