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McDonald’s NNN Ground Lease
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1517 North Keowee Street, Dayton, OH 45404

McDonald’s is operating under an absolute-net ground lease with zero landlord responsibilities and more than 13 years remaining.

Property SizeContact for details
Days on Market124

Property Features for 1517 North Keowee Street

General Information

Standard status Active
Property subtype Retail

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Year Built 2012
Listing Agency: SAB Capital
Listed By: Preet Sabharwal · License #NY 10401215775
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 21 at 5:13PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SAB Capital

Investment Insights

Based on property information with market context.

This McDonald’s is offered free and clear of debt and is currently operating under an absolute-net (NNN) ground lease with zero landlord responsibilities. The lease structure includes more than 13 years remaining on a 20-year lease, and the tenant has a longstanding presence at this location dating to 1967. The property was rebuilt in 2012 following the signing of a new 20-year lease.

The site is located one off a signalized, hard-corner intersection of Stanley Avenue and North Keowee Street. Interstate-75 southbound serves as an access point for the area, with more than 95,000 vehicles per day reported, and the intersection of Stanley Avenue and North Keowee Street sees more than 29,500 vehicles per day. Multiple points of ingress and egress are available from both Stanley Avenue and North Keowee Street.

Key Highlights

  • McDonald’s operating under an absolute‑net (NNN) ground lease with zero landlord responsibilities.
  • More than 13 years remaining on a 20‑year lease, with a new 20‑year lease signed.
  • Lease is guaranteed by McDonald’s Corporation.

Property Analytics

Current Use

McDonald's Cafe & Coffee Shop

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Restaurant Hair Salon Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

434
Businesses Nearby

Demographics for 45404, OH

10,730
Population
4,846
Households
2.2
Avg Household Size
35
Median Age
9%
College-Educated
84%
High-School Grad
7.6 sq mi
ZIP Area
1,412
Density / Sq Mi
$35,286
Median Household Income
$22,529
Median Earnings
$871
Median Rent
$82,400
Median Home Value

Market

Vacancy Rate% for Retail in Dayton, OH

9.8% 2020
8.5% 2021
6.3% 2022
5% 2023
6.2% 2024
7.6% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - McDonald’s is operating under an absolute-net ground lease with zero landlord responsibilities and more than 13 years remaining.
Where is this nnn property located?
The property is located at 1517 North Keowee Street Dayton, OH.
What are key features of this property?
This property features: McDonald’s operating under an absolute‑net (NNN) ground lease with zero landlord responsibilities.; More than 13 years remaining on a 20‑year lease, with a new 20‑year lease signed.; Lease is guaranteed by McDonald’s Corporation.
More about this property
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