Dunkin’

Dunkin’ – Single Tenant Net Lease Investment
Greenville–Anderson MSA, SC | Freestanding Drive-Thru QSR | Absolute NNN Lease | Passive Income Opportunity

This write-up features a freestanding Dunkin’ restaurant positioned in the Greenville–Anderson metropolitan area of South Carolina. The property is secured by a long‑term absolute triple‑net (NNN) lease with scheduled rent escalations every five years and zero landlord responsibilities. It delivers fully passive income and aligns with search intent from investors pursuing net lease investment properties, NNN properties for sale, single tenant net lease offerings, and fast food NNN lease investments within a high-growth, southeastern metro.

Situated on a prominent arterial roadway with dual-lane drive-thru capacity, the site offers exceptional sight lines, seamless ingress and egress, and proximity to residential neighborhoods, higher-education campuses, medical facilities, retail centers, and corporate office parks. This setup satisfies key search targets including buy NNN property, triple net lease for sale, and 1031 exchange NNN strategies, addressing investor appetite for long term NNN lease investments and single tenant NNN retail properties.

Investment Highlights

• Occupied by a national Dunkin’ franchisee
• Absolute NNN lease structure ensures tenant covers all property-level expenses
• Scheduled rent escalations every five years to protect income from inflation
• Long-term lease term with multiple five-year renewal options
• Freestanding dual-lane drive-thru design optimized for volume
• Located within a high-traffic corridor in the Greenville–Anderson MSA
• Strong candidate for investors seeking fast food NNN lease investments or net lease opportunities
• Ideal fit for 1031 exchange investors targeting passive income assets
• Adheres to search intent for net lease real estate investments and NNN deals for sale

This asset meets multiple high-intent investor criteria with a national tenant, proven unit performance, and quality site fundamentals.

Tenant Overview

Dunkin’ is a widely recognizable quick-service restaurant chain in the United States, specializing in coffee, breakfast sandwiches, baked goods, and beverages. The brand maintains consistent loyalty, particularly among drive-thru customers, and has invested in mobile ordering, delivery integration, and updated store formats to meet evolving consumer preferences. The franchisee operating this location is experienced and has demonstrated strong unit-level performance metrics.

The lease is structured as absolute NNN, placing full responsibility for property-level expenses—including taxes, insurance, HVAC, roof, structural components, parking lot maintenance, landscaping, and site compliance—on the tenant. This provides a clean, passive income model. Scheduled rent escalations every five years further enhance its appeal by protecting returns from inflation, a key consideration for buyers pursuing long term NNN lease investments and income-producing retail properties.

Lease Summary

• Structure: Absolute triple-net (NNN)
• Initial term: Typically 15 to 20 years
• Rent escalations: Built-in increases every five years
• Renewal options: Multiple five-year extensions
• Landlord responsibility: None

This structure delivers uninterrupted income without exposure to capital expenses, aligning with investor preferences for net lease investment properties featuring turnkey cash flow.

Market Overview – Greenville–Anderson MSA

The Greenville–Anderson metro area is a dynamic and continuously expanding region in South Carolina, known for significant population growth, diversified economy, and a strong business climate. The metro includes Greenville, Anderson, and surrounding communities, with a population exceeding one million residents and consistent annual growth. It has emerged as a stronghold for automotive manufacturing, technology, healthcare, aviation, higher education, logistics, and advanced industry.

Major employers include Michelin North America, BMW Manufacturing, Prisma Health, North Greenville University, Furman University, and Airbus assembly facilities. These employers support broad-based population growth spanning working professionals, families, and students. The metro’s retail evolution includes mixed-use development, lifestyle centers, grocery-anchored nodes, and significant site planning—creating strong trade area fundamentals.

Tourism and entertainment demand remains strong, with venues like the Greenville Downtown Airport, Unity Park, Fluor Field, and Greenville Convention Center driving daytime and evening consumer activity. These factors reinforce demand for convenience dining options like Dunkin’, particularly in growth corridors.

Property Highlights

• Freestanding prototype building featuring a dual-lane drive-thru
• Monument signage and building branding with high visibility
• Signalized access with easy ingress and egress
• Ample parking lot designed for both through and dine-in traffic
• Located near grocery stores, pharmacies, banks, gas stations, schools, and medical offices
• Positioned within reach of new residential developments, mixed-use communities, and University affiliates

The site design supports efficient performance across breakfast, lunch, and afternoon dayparts, optimized for Dunkin’s customer base. Its positioning in a growth-enhanced retail ecosystem furthers traffic synergy and repeat visits.

Trade Area and Demographics

Within a five-mile radius, the site serves:

• Population of approximately 150,000–200,000 residents
• Diverse economic base spanning white- and blue-collar workers, students, retired households, and dual-income families
• Neighborhoods with strong median household incomes supporting regular QSR visits
• Daytime population fueled by universities, offices, healthcare facilities, and manufacturing plants
• Continued residential investment through single-family subdivisions and multifamily construction

Demographic strength and site positioning create a secure flow of traffic, aligning with investor objectives to acquire net lease real estate investments with durable income streams.

Rent Growth and Income Protection

Scheduled rent escalations every five years provide growing returns that help buffer against inflation. Since all property-related expenses are tenant-paid, landlord cash flow remains predictable. This structure offers a frictionless investment experience with steady cash yield and minimal oversight—precisely what investors seek when exploring NNN properties for sale or fast food NNN lease investments.

Ideal Buyer Profile

This asset suits the following buyer groups:

• Investors seeking to acquire net lease investment properties in fast-growing markets
• Those completing 1031 exchange NNN transactions
• Private capital, family offices, and institutional portfolios targeting single tenant NNN retail properties
• Buyers focusing on fast food NNN lease investments in secondary metros
• Real estate portfolios seeking triple net lease deals aligned with inflation protection and passive income

The combination of a national tenant on a long-term, tenant-paid lease structure with site fundamentals in a thriving metro makes this Dunkin’ the embodiment of high-quality net lease real estate investments.

South Carolina Net Lease Trends

The Greenville market has emerged as a hotspot for migration, corporate relocation, and industrial investment. The region channels demand from a growing workforce and residential development, all underpinned by favorable cost of living and business incentives. Local authorities have consistently invested in infrastructure, downtown revitalization, commercial corridors, and transit—making the area resilient and primed for sustained QSR demand.

QSR sites with dual-lane drive-thru models have demonstrated performance advantages in both peak and off-peak hours. Dunkin’s brand, combined with its menu, position it well for market capture. Investors seeking net lease opportunities and single tenant NNN assets are increasingly focused on markets like Greenville–Anderson where supply is limited, and demand is strong.

Conclusion

This Dunkin’ in the Greenville–Anderson MSA presents a compelling passive income opportunity with national brand tenancy, absolute NNN lease structure, scheduled rent escalations, and strategic positioning within a growth-driven Southeast corridor. With access to high-traffic roads, strong demographic support, and extensive investor alignment, this asset is primed for those seeking net lease real estate investments, fast food NNN lease investments, or turnkey NNN properties for sale.

Whether to fulfill a 1031 exchange, initiate a buy-and-hold strategy, or expand a portfolio of single tenant NNN retail properties, this offering delivers on core investor objectives: passive yield, inflation protection, tenant credibility, and premium location in one of the Southeast’s most desirable metros.