500 Main St, Carnegie, PA 15106-2051
This exceptional investment opportunity presents a fee-simple Dunkin' located at 500 E Main St, Carnegie, PA 15106. The property boasts a new 15-year absolute NNN lease with a 5.50% cap rate and a strong NOI of $108,350. The 1,657 square foot building, constructed in 2022, sits on a 0.34-acre lot with 19 parking spaces. The lease includes 10% rent increases every five years and is guaranteed by Heartland Restaurant Group, the exclusive Dunkin' franchisee for the Pittsburgh MSA. This prime location on East Main Street sees over 18,600 vehicles daily and is conveniently situated approximately six miles from downtown Pittsburgh. The area features a high population density (over 237,000 within a five-mile radius) and is surrounded by national retailers such as CVS, Family Dollar, PNC Bank, Citizens Bank, Advance Auto Parts, and Dollar Tree. The property's strong tenant, favorable lease terms, and strategic location make it an ideal addition to any investment portfolio. The asking price is $1,970,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.