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615 E Main St
Lebanon, OH 45036
Retail Property For Sale


Investment Highlights
- Restaurant Management Inc is the guarantor providing investors with the security of a nationally recognized franchisee.
- Established Quick-Service Restaurant Corridor featuring nationally recognized brands including McDonald's, Dunkin', Taco Bell, Wendy's, and KFC.
- Proven Operating History with the tenant successfully occupying the site for 15+ years, demonstrating long-term commitment to the location.
- Absolute NNN Investment with zero landlord responsibilities
- Recent Retail Investment highlighted by the opening of a new Dunkin' in 2025, reinforcing continued retailer confidence in the corridor.
- Lebanon serves as one of the main throughway connecting Cincinnati and Dayton.
Executive Summary
Positioned on one of Lebanon's primary commercial corridors, this single-tenant Arby's presents investors with the opportunity to acquire a well-located quick-service restaurant in a mature retail trade area.? The property benefits from excellent visibility along East Main Street, with traffic counts approaching 20,000 vehicles per day, providing consistent exposure to both local and commuter traffic.? The surrounding demographic profile is equally attractive, with average household incomes of $83,690 within 1 mile, $104,410 within 3 miles, and $136,570 within 5 miles, supporting strong consumer spending power.?
One of the property's most compelling attributes is the strength and stability of the surrounding quick-service restaurant corridor.? Neighboring national brands have demonstrated a long-term commitment to this location, with operators either remaining at their respective sites for many years or investing significant capital into recent renovations and store modernizations.? This continued reinvestment by national tenants reinforces the corridor's viability and underscores investor confidence in the Lebanon market.?
Conveniently located between Cincinnati and Dayton, Lebanon continues to experience residential and commercial growth while serving as the county seat of Warren County.? The property enjoys easy access to major transportation routes, including Interstate 71, and benefits from a well-established retail environment that attracts consumers from the surrounding region.?
One of the property's most compelling attributes is the strength and stability of the surrounding quick-service restaurant corridor.? Neighboring national brands have demonstrated a long-term commitment to this location, with operators either remaining at their respective sites for many years or investing significant capital into recent renovations and store modernizations.? This continued reinvestment by national tenants reinforces the corridor's viability and underscores investor confidence in the Lebanon market.?
Conveniently located between Cincinnati and Dayton, Lebanon continues to experience residential and commercial growth while serving as the county seat of Warren County.? The property enjoys easy access to major transportation routes, including Interstate 71, and benefits from a well-established retail environment that attracts consumers from the surrounding region.?
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
2,386 SF
Building Class
B
Year Built/Renovated
1987/2010
Price
$1,190,000
Price Per SF
$498.74
Cap Rate
6.88%
NOI
$81,836
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
1.16 AC
Parking
34 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Restaurant
- Drive Thru
Property Taxes
| Parcel Number | 13-35-202-018 | Improvements Assessment | $153,150 |
| Land Assessment | $146,150 | Total Assessment | $299,300 |
Property Taxes
Parcel Number
13-35-202-018
Land Assessment
$146,150
Improvements Assessment
$153,150
Total Assessment
$299,300
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