For Sale
$2,435,000

9960 Smt Pt DrMiamisburg, OH 45342

Ohio Dunkin', 5.75% Cap Rate, NNN Lease

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional investment opportunity presents a fee-simple ownership of a brand-new, 2,100 square foot Dunkin' located in Miamisburg, Ohio (Dayton MSA). Built in 2024, this freestanding, drive-thru equipped property boasts a 15-year absolute NNN lease with a franchisee tenant, ensuring minimal landlord responsibilities. The lease includes 1.5% annual rent bumps, protecting against inflation and increasing NOI, currently at $140,000, resulting in a 5.75% cap rate on the $2,435,000 asking price. The property sits on a 0.99-acre lot with 21 parking spaces and benefits from a prime location along Springboro Pike, with high visibility and daily traffic exceeding 32,400 vehicles. Its strategic placement near Interstate 75, Austin Landing, and Dayton Mall ensures high consumer traffic. The surrounding area features a strong concentration of national retailers and a dense residential population with affluent demographics, boasting average household incomes exceeding $100,000 within a 5-mile radius. The property's zoning is PD-5: Planned Mixed-Use District. The lease features five 5-year renewal options, demonstrating the tenant's long-term commitment. This is a truly management-free investment opportunity with significant upside potential. The property's APN is K45 28321 0017.

Highlights

  • Brand new Dunkin' with a 15-year absolute NNN lease featuring 1.5% annual rent increases.
  • Fee simple ownership with zero landlord responsibilities.
  • Prime retail location near Austin Landing and Dayton Mall, with strong tenant presence and nearby hospitals.
  • High-visibility location on Springboro Pike, featuring a drive-thru and excellent access. 2024 construction.
  • Strong demographics, with affluent community and high household incomes within a 5-mile radius.

Property Details for 9960 Smt Pt Dr

Property type
Retail properties, Restaurants
Square Feet
2,100 SF
Year Built
2024
Lot Size (sq. ft)
43,124 SF

Location Insight

City
Miamisburg
County
Montgomery
State
Ohio
Latitude
39.606312
Longitude
-84.2264649
9960 Smt Pt Dr, Miamisburg, Ohio

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9960 Smt Pt Dr
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