Eaton, OH - Dunkin'
$1,893,000
1107 N Barron Street, Eaton, OH 45320
5.6
Cap Rate
106,000
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 N Barron St and Lexington Rd which combine to average over 17,800 vehicles passing by daily
• N Barron St is the primary retail thoroughfare serving the city of Eaton
• Less than 1 mile south of a Walmart Supercenter anchored center with other national/credit tenants including Cato Fashions, Verizon, Sherwin-Williams, Bob Evans, Skyline Chili, Rent-A-Center, and more
• The asset is located in the center of a primary retail corridor with other tenants including Kroger, Anytime Fitness, Tractor Supply Co, McDonald’s, Taco Bell, Walgreens, Pizza Hut, and more
Location
Gallery