Property summary
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.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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