Miscellaneous
Dunkin's Diamonds | Brand-New Long-Term Lease
2298 Elida Rd, Lima, OH 45805
Listing Price: $2,400,000
Cap Rate
7.50%
Tenant Name
Dunkin's Diamonds
Years Remaining On Lease
10.2
Guarantor
Corporate Guarantee
Rentable SF
3,802
Lease Type
Absolute Net
Rent Per Square Feet
$47.34
Investment Overview
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Dunkin's Diamonds | Brand-New Long-Term Lease
Investment Highlights
- Dunkins Diamonds | Absolute Triple-Net Lease | Lima, Ohio
- Long-Standing Family Owned Jewelry Store | Nine Locations Spanning Ohio and Florida | Grown to Become one of the Most Prominent Fine Jewelry Brands in the Region
- Extremely Long Tenancy at Site | Over 28-Years of Operational History at Subject Location | Operating at Site Since 1996 | Heavily Reinvested into Space Over Time
- Corporate Backed and Signed Lease by Dunkin's Diamonds | Strong Performing Location
- Landlord Favorable Absolute Triple-Net Lease Structure | Zero Landlord Responsibilities | | Recapture of Tax, CAM, Insurance Expenses as Well as Third Party Management Fees
- Prominent Rental Bumps in Base Term Plus All Options | Tangible Upside and Hedge Against Inflation
- True Irreplaceable Real Estate at the Hard Corner/Signalized Intersection of Elida Rd and Cable Rd | Busiest Intersection in Lima | Sees Over 34,801 Vehicles Per Day
- Dense and Mature Demographics | Population Counts of 4,867 within One-Mile, 42,775 within Three-Miles, and 66,445 within Five-Miles
Listing Price: $2,400,000
Cap Rate
7.50%
Tenant Name
Dunkin's Diamonds
Years Remaining On Lease
10.2
Guarantor
Corporate Guarantee
Rentable SF
3,802
Lease Type
Absolute Net
Rent Per Square Feet
$47.34
Investment Highlights
- Dunkins Diamonds | Absolute Triple-Net Lease | Lima, Ohio
- Long-Standing Family Owned Jewelry Store | Nine Locations Spanning Ohio and Florida | Grown to Become one of the Most Prominent Fine Jewelry Brands in the Region
- Extremely Long Tenancy at Site | Over 28-Years of Operational History at Subject Location | Operating at Site Since 1996 | Heavily Reinvested into Space Over Time
- Corporate Backed and Signed Lease by Dunkin's Diamonds | Strong Performing Location
- Landlord Favorable Absolute Triple-Net Lease Structure | Zero Landlord Responsibilities | | Recapture of Tax, CAM, Insurance Expenses as Well as Third Party Management Fees
- Prominent Rental Bumps in Base Term Plus All Options | Tangible Upside and Hedge Against Inflation
- True Irreplaceable Real Estate at the Hard Corner/Signalized Intersection of Elida Rd and Cable Rd | Busiest Intersection in Lima | Sees Over 34,801 Vehicles Per Day
- Dense and Mature Demographics | Population Counts of 4,867 within One-Mile, 42,775 within Three-Miles, and 66,445 within Five-Miles
Investment Overview
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