The year-old free-standing Dunkin Donuts in Riverside has a new owner.
GOC Realco LLC sold the Dunkin Donuts location at 1310 Woodman Drive to Nathan Nahmias and Joyce Arlene of Los Angeles, Calif., Montgomery County property records show. The sale price is given as $1.962 million.
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Two years ago, Gilligan Oil, a Cincinnati-based Dunkin Donuts franchise, applied for a county building permit to build a home for a new Dunkin franchise near the intersection with Linden Avenue.
The national coffee and breakfast chain has been expanding, and that store was an indication of exactly that. The Woodman Drive store was the Dayton area’s sixth Dunkin’ Donuts shop when it opened last October.
It was the fifth Dayton-area location launched by franchise owner Pat Gilligan, who has been responsible for reinvigorating the Dunkin’ Donuts brand in southwest Ohio, this news outlet has reported. Gilligan has also opened new Dunkin’ Donuts shops in Sugarcreek Twp., Springfield, Kettering, and Centerville.
The Woodman property was sold in July 2016 from Riverside Professional Building LLC to GOC Realco LLC for $250,000, records indicate.