1912 Rombach Ave - Fast Food FOR SALE


Wilmington, OH 45177
$1,826,000 USD
714-404-8849
1912 Rombach Ave, Wilmington, OH for Sale
$1,826,000 USD
Fast Food - FOR SALE
1/5
null | 5.75% Cap Rate

1912 Rombach Ave
Wilmington, OH 45177


HIGHLIGHTS

  • Brand New 15-Year Lease | Annual Rent Increases | Experienced Operator (70+ Units)v
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • Regional Retail Corridor | Strong Traffic Counts | Major Employment Drivers
  • Strong Demographics In 5-Mile Trade Area

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$1,826,000 USD

PRICE/SF

$797 USD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dunkin' | New 15yr Abs NNN w/ Annual Incrs

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Fast Food, Freestanding, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

23

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

SC

APN/PARCEL ID

290-15-21-01-0000-00

ASK ABOUT THIS PROPERTY

Matthew MousaviSRS National Net LeaseMore Info
714-404-8849

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

Matthew MousaviSRS National Net LeaseMore Info
714-404-8849

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