Dunkin' Ground Lease

Strongsville
,
OH
Ohio
Cleveland

Call for Details

$

2,528,000

Call for Details
5.25
%
CAP Rate

Corporate Guaranty

from Parent Company, Dunkin Holding Company

Staff of 2,800

at Nearby Southwest General Middleburg Medical Center

6 Miles

from Cleveland International Airport, Ohio's Busiest Airport

Property details
  1. Brand New 15-Year Absolute NNN Corporate Ground Lease to Dunkin’
    • Scheduled 10% Rental Escalations throughout Primary Term
    • No Landlord Maintenance Responsibilities
  2. Corporate Guaranty from Parent Company - Dunkin Holding Company
  3. Brand New Highly-Functional 2024 Construction with Double Drive-Thru Component
  4. Prominent Retail Location at Signalized Intersection Adjacent to I-80/Ohio Turnpike
    • 72,194 Combined AADT
  5. Robust Demographics in Established Cleveland Suburb
    • Population of 156,315 within a 5 Mile Radius
    • Average Household Income of $108,997 within 3 Miles of Site
  6. Nearby Anchor Tenants Include Walmart Supercenter, Target & More
    • Walmart Draws 3.3 Million Annual Visits per Year, per Placer.ai
    • Top 5% Location in Ohio for Walmart & Top 15% Location Nationwide
  7. 3 Miles from Southwest General Middleburg Medical Center
    • Staff of Nearly 2,800
  8. 6 Miles from Cleveland International Airport
    • Ohio’s Busiest Airport with 10+ Million Passengers Per Year
  9. Approximately 16 Miles from Downtown Cleveland
    • MSA GDP of $135.7 Billion
Listing leads
Putnam Daily
Managing Partner
CA RE Lic #01750064
Vahe Nokhoudian
Partner
CA RE Lic #01963342
Scott Reid
ParaSell, Inc.
OH RE Lic #BRKP.2020001224
Property Specs
Tenancy
Single Tenant
Multi Tenant
Building Size
1,860
SF
Lot Size
0.687
AC
View Offering Memorandum
View Offering Memorandum
Listing leads
Putnam Daily
Managing Partner
CA RE Lic #01750064
Vahe Nokhoudian
Partner
CA RE Lic #01963342
Scott Reid
ParaSell, Inc.
OH RE Lic #BRKP.2020001224