Investment Offering
Dayton, OH - Dunkin'
2835 Harshman Road | Dayton, OH 45424
$2,083,000
Price6%
Cap Rate$125,000
NOI1,880
± SF Offering GLA1
± AC Land AreaDescription
SRS Real Estate Partners in collaboration with Hoty Enterprises, Inc., is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN, freestanding, drive-thru equipped, Dunkin’ investment property located in Dayton, OH. The tenant will be signing a brand new 15-year lease with 5 (5-year) option periods at the close of escrow, demonstrating their commitment to the site. The lease features 1.50% annual rental increases throughout the initial terms and options, steadily increasing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities, making this an ideal, management-free investment opportunity for a passive investor. Founded in 1950, Dunkin’ is among America’s favorite coffee and baked goods chain with over 13,200 operating stores.
Location
Dunkin’ is strategically located along Harshman Road, which averages 21,500 vehicles passing by daily. Interstate 75 directly connects to the surrounding commuter routes, allowing for a quick and easy drive into Downtown Dayton. Dunkin’ is ideally situated within a dense trade area with numerous nearby national and regional tenants including a Walmart Supercenter, Kroger, ALDI, Dollar General, Rite Aid, Family Dollar, and others. The surrounding national and regional tenants drive a steady stream of loyal, local consumers and promote crossover store exposure for the site. Furthermore, the property is near numerous single-family communities and multi-family complexes including Amhurst Apartments (148 Units), The Village at Cloud Park Apartments (216 Units), and Northland Village Apartments (500 Units), providing a direct residential consumer base. The 5-mile trade area is supported by over 149,600 residents and 95,000 daytime employees. Residents within 1 mile of the site boast an average household income of $93,307.
Documents & Links
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 Offering Memorandum |  |  |
Contact
Matthew Mousavi
Sr Managing Principal & Co-Head of National Net Lease
949.698.1116949.698.1116[email protected]CA #: 01732226
Patrick Luther, CCIM
Sr Managing Principal & Co-Head of National Net Lease
949.698.1115949.698.1115[email protected]CA #: 01912215