Lebanon, OH - Dunkin

Description:

• The lease is guaranteed by an established franchisee (100+ 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 directly across from a Colony 7 Cinemas center that features national/credit tenants such as Skyline Chili, The UPS Store, Subway, and others
• The site is located approximately two miles from a Kroger anchored center that also includes other tenants such as Tractor Supply Co., Chipotle, and a host of regional tenants
• The property is in the center of a primary retail corridor that includes national/credit tenants such as a Walmart Supercenter, McDonald’s, Taco Bell, CVS, ALDI, Buffalo Wild Wings, Wendy’s, and KFC
• Strong tenant synergy promotes crossover shopping to the subject property