Dunkin’

Purchase Price$2,880,000
Annual Rental Income$149,760
Cap Rate5.20%
Lease Term17 Years
CityPhoenix MSA
Tenant: Dunkin’
Sector: Fast Food / QSR
State: Arizona

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Dunkin’ – Single Tenant Net Lease Investment
Phoenix Metropolitan Area | Freestanding Drive‑Thru QSR | Absolute NNN Lease | Passive Income Opportunity

This listing features a freestanding Dunkin’ restaurant located in the Phoenix metropolitan area, one of the fastest-growing metros in the United States. The property is secured by a long‑term absolute triple‑net (NNN) lease with scheduled rent escalations every five years and zero landlord responsibilities, delivering fully passive income. It is designed for investors seeking net lease investment properties, NNN properties for sale, single tenant net lease assets, or fast food NNN lease investments in a high-demand market.

Positioned on a major arterial corridor with dual-lane drive-thru access and high daily vehicle counts, this site benefits from strong visibility, easy ingress and egress, and proximity to residential neighborhoods, medical campuses, schools, and retail anchors. It meets search criteria for buy NNN property, triple net lease for sale, and 1031 exchange NNN investments.

Investment Highlights

  • Occupied by a national Dunkin’ franchisee with established brand strength
  • Absolute NNN lease structure ensuring tenant covers all property expenses
  • Scheduled rent increases every five years to enhance long-term income
  • Long-term lease term with multiple five-year renewal options
  • Freestanding dual-lane drive-thru design optimized for QSR performance
  • Located on a high-traffic corridor in the Phoenix metro area
  • Ideal for investors seeking long term NNN lease investments
  • Fits investor profiles for net lease real estate investments and NNN deals for sale

Tenant Overview

Dunkin’ is a leading quick-service restaurant chain focused on coffee, breakfast sandwiches, baked goods, and beverages. The brand is well-known for its drive-thru strength, mobile ordering capabilities, and delivery integration. Dunkin’ continues to invest in store updates and technology enhancements to meet evolving consumer preferences.

This location operates under an absolute NNN lease, meaning the tenant is responsible for all real estate costs including property taxes, insurance, maintenance, roof, HVAC, parking lot, landscaping, and compliance. Scheduled rent escalations occur every five years, providing inflation-protected cash flow to the owner. The lease structure aligns with investor interests in net lease investment properties and single tenant NNN retail properties.

Lease Summary

  • Lease Type: Absolute triple‑net (NNN)
  • Initial Term: 15 to 20 years
  • Rent Escalations: Built-in increases every five years
  • Renewal Options: Multiple five-year extensions
  • Landlord Responsibility: None

This lease profile is well-suited to investors seeking net lease opportunities with low management demands and predictable returns.

Market Overview – Phoenix Metropolitan Area

Phoenix stands as one of the nation’s fastest-growing metropolitan regions, supported by diversified economic sectors including technology, healthcare, finance, logistics, hospitality, and manufacturing. With a population exceeding 4.8 million, the metro continues to attract businesses, families, and retirees, driving robust housing and infrastructure development.

Key economic anchors include major hospitals and health systems, regional universities, freight distribution centers, corporate headquarters, and tourist destinations. The region’s population growth and demographic trends fuel demand for convenience food services, making drive-thru QSRs like Dunkin’ a strategic fit for net lease real estate investments in Arizona.

Property Features

  • Freestanding building with a modern Dunkin’ prototype
  • Dual-lane drive-thru design engineered for high-volume throughput
  • Prominent signage visibility from a major arterial road
  • Ample parking with clear ingress and egress patterns
  • Located adjacent to grocers, pharmacies, banks, gas stations, hotels, medical offices, and regional schools
  • Positioned on a signalized intersection to capture commuter and local traffic

The site layout supports performance during morning peaks, mid-day hours, and evening routines. Its positioning near residential neighborhoods and commercial hubs serves a wide array of consumer segments and aligns with fast food NNN lease investment needs.

Demographics and Trade Area

Within a five-mile radius of the property:

  • Population totals approximately 200,000, with steady annual growth
  • Household incomes in line with QSR consumption patterns
  • Daytime population bolstered by commuters, healthcare workers, students, and office employees
  • Ongoing residential expansion, including single-family and multifamily development
  • Demand for coffee and fast-casual breakfast options remains high

These demographics create a diverse and resilient customer base that supports sustained Dunkin’ unit performance and aligns with investor needs for bankable NNN investment property listings.

Rent Escalations and Income Growth

Scheduled rent escalations every five years create long-term net operating income growth. Under the absolute NNN structure, Dunkin’ is responsible for all property-level expenses, which means the landlord receives clean, predictable income with no exposure to capital expenditures or maintenance outlays. This structure provides income stability and inflation protection, fitting well with investors targeting single tenant NNN retail properties or long term NNN lease investments.

Ideal Buyer Profiles

  • Investors looking to acquire net lease investment properties in high-growth U.S. metros
  • Buyers completing 1031 exchange NNN transactions and seeking passive assets
  • Private capital or family offices building portfolios of single tenant NNN retail properties
  • Institutional buyers and REITs focused on fast food NNN lease investments
  • Capital allocators seeking triple net lease for sale opportunities and NNN deals for sale

This Dunkin’ location addresses investor requirements for net lease opportunities backed by national credit, high-quality tenant, long lease term, and turnkey asset structure.

Arizona Net Lease Trends and Strategic Fit

Arizona remains a top destination for business relocations, remote work migration, and population migration from high-cost markets. Phoenix continues to outpace national averages in employment and population growth, supporting robust demand for retail and convenience services.

The expansion of QSR formats with drive-thru and delivery integration has accelerated across Arizona, making national operators like Dunkin’ favorable tenants in the net lease space. Demand for net lease real estate investments has surged accordingly, with investors seeking recession-resistant income and inflation-hedged structures.

Conclusion

This Dunkin’ located in the Phoenix metropolitan area offers a strong passive net lease investment with long-term stability. Featuring a creditworthy tenant, absolute NNN lease, built-in rent escalations, and drive-thru positioning in a high-growth market, the asset delivers reliable income with no landlord responsibilities.

For investors seeking to buy NNN property, complete a 1031 exchange, or invest in fast food NNN lease investments, this property aligns with key portfolio objectives: passive income, stable tenancy, demographic support, and favorable lease economics. The combination of tenant excellence, lease quality, site fundamentals, and Phoenix-level market momentum creates a standout net lease opportunity in today’s competitive retail real estate landscape.

Property details provided on this site are for general informational and illustrative purposes only. Specific availability and property status may change without notice. Please contact us to confirm current opportunities.