Wilmington, OH - Dunkin'

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 Wilmington, Ohio. The tenant will sign a brand new 15-year lease commencing at Close of Escrow with 4 (5-year) option periods to extend, demonstrating their 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 hedging against inflation. The lease is absolute NNN with zero landlord responsibilities, making it an ideal, management-free investment opportunity for a passive investor.

The subject property is positioned along Rombach Avenue (18,700 VPD), a primary retail corridor serving the city of Wilmington. The asset is surrounded by a strong mix of national/credit tenants including Walmart Supercenter, Kroger, ALDI, Taco Bell, Burger King, Wendy’s, Lowe’s, Verizon, and more, further increasing consumer traffic to the site. In addition, the property benefits from close proximity to the Wilmington Air Park, one of the nation’s largest cargo-focused airports and a major regional employment hub supporting approximately 4,600 employees across aviation, logistics, cargo, and distribution users. Additional nearby demand drivers include Wilmington College and multiple surrounding retail centers generating consistent daily consumer traffic. The 5-mile trade area is supported by more than 16,500 residents and 15,500 employees with an average household income of $81,743.

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Listing ID: a28TP000002jZYLYA2