1556 W Broad St - Fast Food FOR SALE


Columbus, OH 43222- Franklinton
$1,429,000 USD
480-221-4221
1556 W Broad St, Columbus, OH for Sale
$1,429,000 USD
Fast Food - FOR SALE
1/7
null | 5.6% Cap Rate

1556 W Broad St
Columbus, OH 43222
Franklinton


HIGHLIGHTS

  • Franchisee Guaranteed Lease | Options To Extend | Scheduled Rental Increases | Well-Known & Established Brand
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • High Traffic Area | Excellent Visibility | Dense Retail Corridor
  • Strong Demographics In The Immediate Trade Area

OVERVIEW

• 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

FOR SALE DETAILS

PRICE

$1,429,000 USD

PRICE/SF

$553 USD /SF

CAP RATE

5.6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dunkin' | 15yrs Abs NNN w/ Incrs

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1984

SPRINKLERS

-

PARKING SPACES

22

LAND DETAILS

LAND ACRES

0.51 AC

LAND SF

22,216 SF

ZONING

Mixed-Use

APN/PARCEL ID

010-055260

ASK ABOUT THIS PROPERTY

Patrick LutherSRS National Net LeaseMore Info
480-221-4221

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Patrick LutherSRS National Net LeaseMore Info
480-221-4221

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.