Dunkin & Jersey Mikes

Dunkin’ & Jersey Mike’s Net Lease Investment Opportunity
Raleigh, NC MSA
Two-Tenant Brand-New Construction | 10-Year NNN Leases

This offering provides an exceptional opportunity to acquire a newly constructed two-tenant retail property in the rapidly expanding Raleigh, North Carolina Metropolitan Statistical Area. Anchored by Dunkin’ and Jersey Mike’s Subs, both operating under brand-new 10-year triple net (NNN) leases, this investment delivers secure, predictable income backed by nationally recognized tenants. Positioned in a prime retail corridor within one of the Southeast’s most dynamic growth markets, the property combines best-in-class real estate fundamentals with long-term lease stability, making it highly desirable for passive net lease investors.

Location and Market Overview
Raleigh is part of the renowned Research Triangle region, home to a booming population, a highly educated workforce, and a thriving economy driven by technology, healthcare, education, and life sciences. The Raleigh MSA, with a population exceeding 1.4 million residents, continues to experience significant growth, ranking among the top U.S. metros for job creation, income expansion, and new housing development.

The property is strategically located along a high-traffic arterial with daily traffic counts surpassing 46,000 vehicles. The immediate area features strong retail co-tenancy with grocery-anchored shopping centers, national retailers, and service-oriented businesses, driving steady daily consumer traffic. Its placement within a fast-growing suburban corridor ensures excellent accessibility and long-term demand.

Demographics
The property benefits from a robust and affluent consumer base. Within a three-mile radius, the population exceeds 92,000 residents with average household incomes above $108,000. Expanding to five miles, the population grows to more than 210,000 residents, underscoring the rapid growth and affluence of the Raleigh market. These demographics align perfectly with the customer profiles of both Dunkin’ and Jersey Mike’s, ensuring long-term operational success.

Property Details
The property consists of a newly constructed 5,000-square-foot retail center on a 1.3-acre parcel, built to modern design standards with attractive architectural features and energy-efficient systems.

• Dunkin’ occupies approximately 2,600 square feet and includes a drive-thru, catering to the brand’s strong morning and beverage-driven traffic.
• Jersey Mike’s Subs occupies approximately 2,400 square feet, offering dine-in and carry-out service in a modern layout designed for efficiency and high volume.

The site features ample parking, excellent ingress and egress, and prominent street visibility, creating a seamless customer experience.

Fee simple ownership provides long-term stability and complete control of the property.

Lease Structure and Tenant Guarantee
Both Dunkin’ and Jersey Mike’s are operating under brand-new 10-year triple net (NNN) leases. Under the NNN structure, tenants are responsible for all property operating expenses including taxes, insurance, and maintenance, ensuring a truly passive income stream for ownership.

Dunkin’, one of the largest coffee and baked goods chains in the world, operates more than 13,000 locations globally and continues to expand aggressively in high-growth U.S. markets. Jersey Mike’s Subs, with more than 2,500 locations nationwide, is among the fastest-growing quick-service restaurant brands, consistently reporting strong sales and brand loyalty.

Surrounding Area and Trade Drivers
The Raleigh MSA benefits from a robust economy anchored by the Research Triangle Park, top-tier universities such as Duke, NC State, and UNC-Chapel Hill, and major healthcare providers. The property’s location near established residential neighborhoods, schools, and retail centers ensures steady daily consumer traffic. Ongoing residential and commercial development in the corridor enhances the long-term strength of the site.

Investment Highlights

• Two-tenant retail property featuring Dunkin’ and Jersey Mike’s, both under brand-new 10-year NNN leases.
• Fee simple ownership of a 1.3-acre parcel with a newly constructed, 5,000-square-foot building.
• Tenants responsible for all property operating expenses, ensuring a passive investment.
• Prime Raleigh MSA location with daily traffic counts exceeding 46,000 vehicles.
• Strong demographics: more than 92,000 residents within three miles and over 210,000 within five miles, with average household incomes above $108,000.
• Surrounded by grocery anchors, national retailers, and affluent residential communities.
• Corporate-backed leases with nationally recognized, fast-growing tenants.
• Highly attractive to 1031 exchange buyers, REITs, and institutional investors.

Buyer Profile and Financing
This property is ideally suited for 1031 exchange buyers, REITs, institutional investors, family offices, and private equity firms seeking stable, long-term net lease income with minimal management responsibilities. The corporate-backed leases, fee simple ownership, and brand-new construction ensure excellent lender acceptance and favorable financing opportunities.

Conclusion
This Dunkin’ and Jersey Mike’s property in the Raleigh, NC MSA represents a best-in-class net lease investment. Featuring brand-new 10-year NNN leases, nationally recognized tenants, and a prime location in one of the Southeast’s fastest-growing and most affluent markets, the property provides secure, predictable income with long-term appreciation potential.

Qualified investors are encouraged to request the full offering memorandum, lease abstracts, and financial details.