Dunkins Diamonds — Sale in Lima, OH
- Price: Contact for price
- Listing type: For sale
- Asset type: Retail Business
- Location: Lima, OH 45805
Investment Figures
- Cap rate
- 8.00%
Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.
Description
Brand New Absolute NNN 12 Year Lease to be executed at close of escrow with 12% rent increases every 4 years during the initial lease term. Tenant has two additional 5 year options at 10% rent increases. Dunkin's Diamonds is a staple in the community and has been operating out of this premier location for 30 years. Investment Highlights: • Brand New Absolute NNN 12 Year Lease beginning at COE with 12% rent increases every 4 years during initial term. • Hard Corner location at the two busiest cross streets of the major retail corridor in Lima, Ohio. • Dunkin's Diamonds has a 30 year track record at this location.
Market Context
This retail in Lima, OH is listed for sale. It is offered at an approximate 8.0% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 100 days. Compare it against other retail listings for sale in Lima, OH — view the full market.
Contact
- Gabriel Glimcher · (602) 687-6813 · gabriel.glimcher@marcusmillichap.com
- Michael L. Glass · (614) 360-9800
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