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Dunkin' | New 15yr Abs NNN w/ Incrs 9960 Summit Point Dr

2,100 SF Retail Building Miamisburg, OH 45342 $2,435,000 ($1,160/SF) 5.75% Cap Rate

Investment Highlights

  • Brand New 15-Year Lease | Scheduled Rental Increases | Franchisee Guaranteed | Well-Known & Established Brand
  • Dense Retail Trade Area | Major Surrounding Shopping Centers | Strong Tenant Presence | Nearby Hospitals
  • Direct Residential Consumer Base | Affluent Community | Demographics in 5-Mile Trade Area
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • Located Along Springboro Pike | Centralized Location | Drive-Thru Equipped | 2024 Construction | Excellent Visibility

Executive Summary

SRS National Net Lease 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 Miami Township, OH (Dayton MSA). The tenant recently signed a brand new 15-year lease with 5 (5-year) option periods to extend, demonstrating their commitment to the site. The lease features 1.50% annual rental increases throughout the initial term and options, growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities, making it 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 13,700 operating stores.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,100 SF
Year Built
2024
Price
$2,435,000
Price Per SF
$1,160
Cap Rate
5.75%
NOI
$140,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
0.99 AC
Zoning
PD-5 - Planned Mixed-Use District
Parking
21 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
562 FT on North Springboro Pike

Amenities

  • Freeway Visibility
  • Restaurant
  • Signage
  • Drive Thru
  • Monument Signage

Nearby Major Retailers

Scramblers
Starbucks
Teriyaki Madness
Roosters
Kroger
Bj's Restaurant & Brewhouse
Chuy's
Five Guys
Noodles & Company
Another Broken Egg

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
K45-28321-0018
Land Assessment
$111,820
Improvements Assessment
$0
Total Assessment
$111,820
  • Listing ID: 33157246

  • Date on Market: 9/12/2024

  • Last Updated:

  • Address: 9960 Summit Point Dr, Miamisburg, OH 45342

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