Columbus, OH - Dunkin'
$1,429,000
1556 W Broad St, Columbus, OH 43222
5.6
Cap Rate
80,000
NOI
Details:
Description:
• The lease is guaranteed by an established franchisee (150+ Unit Operator)
• 15 years remaining with 4 (5-year) option periods to extend
• The lease features 1.50% annual rental increases throughout the initial term and options, providing a hedge against inflation and steadily growing NOI
• Founded in 1950, Dunkin’ is among America’s favorite coffee and baked goods with over 13,700 operating stores
• The subject property is located near the intersection of Interstate 70 and W Broad Street which combine to average more than 163,900 vehicles passing by daily
• The asset is located at the hard corner intersection of W Broad Street
(24,600 VPD) and Schultz Avenue, increasing consumer exposure to the site
• The site is located in the center of a dense retail corridor with other national/credit tenants including ALDI, McDonald’s, Taco Bell, Tim Hortons, Popeyes, Dollar General, Savvy Sliders, and more
Location
Gallery