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Virtual Drive-By

Dunkin' NNN

364 N. Rock Road · Wichita, KS 67206 · QSR / Restaurant

Asking price
$1,760,000
Cap rate
6.25%
NOI
$110,000

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Lease

Lease typeNNN
Term remaining8.2 yrs
Expiration09/2034
Rent bumps5.45% increase in October 2029, 3.45% increase in option 1, 3.33% increase in option 2
Options2 (5-year) options to extend
Ground leaseNo
Credit profile
TenancySingle

Planning a 1031 Exchange

Give us your relinquished sale close date and we will calculate your 45-day identification and 180-day closing deadlines, track the clock, and surface matching inventory before it expires. We coordinate directly with your Qualified Intermediary and can introduce one if you have not yet engaged an exchange accommodator. Investment Grade does not provide tax or legal advice.

Property

Building SF2,000
Price / SF$880
Year built2019
Lot size0.29 ac
TypeQSR/Fast Food
Days on market73

Need year-one bonus depreciation

Building age, size and improvement mix drive how much of this asset a cost segregation study can accelerate into year one. Tell us your tax year and entity and we will model the deduction.

Investment highlights

  • ​Over 8 Years Remaining | Personal Guaranty |Scheduled Rental Increases
  • ​NNN Leased | Fee Simple Ownership | Minimal Landlord Responsibilities
  • ​Eastgate Plaza (407,000 SF) | Towne East Square (1,157,000 SF) |One Kellogg Place (528,000 SF) | Dense Retail Corridor
  • ​Strong Demographics in 5-Mile Trade Area

Property overview

SRS Real Estate Partners, LLC in collaboration with Goldman Investment Advisors, Inc.​ is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a NNN leased, Dunkin’ investment property located in Wichita, Kansas.​ The tenant, New Days, LLC.​, has over 8 years remaining in their initial lease term with 2 (5-year) options to extend, demonstrating their commitment to the site.​ The lease features a 5.45% increases in October 2029, as well as a 3.45% increase in option 1 and a 3.33% in option 2, increasing NOI and hedging against inflation.​ The lease is NNN leased with minimal landlord responsibilities making it an ideal, low-management investment opportunity for an out of state investor.​

The property is located along N Rock Rd, a major retail thoroughfare serving the city of Wichita which averages 26,200 vehicles passing by daily.​ The Dunkin’ is situated just north of U.​S.​ Highway 54 & 400, a major east/west travelling highway averaging 80,500 VPD.​ Additionally, the asset is positioned just north of Eastgate Plaza, a 407,000 square foot power center anchored by T.​J.​ Maxx, ALDI, Burlington Coat Factory, and more.​ Furthermore, the site situated just down the road from Towne East Square, a 1,157,000 square foot super regional mall anchored by Dillard’s, JCPenney, and more.​ Moreover, the Dunkin’ is located a few miles northwest of One Kellogg Place, a 528,000 square foot power center anchored by a Walmart Supercenter, Lowe’s Home Improvement, and more.​ The property is in the center of a primary retail corridor with other nearby national/credit tenants including Scheels, Costco Wholesale, HobbyTown, Planet Fitness, Ashley Furniture, Dollar Tree, Dollar General, and more, further increasing consumer traffic to the site.​ The 5-mile trade area is supported by a population of over 176,100 with an average household income of $93,478.​

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Asking-market observation aggregated from public listing sources, last observed Sep 18, 2026. Figures are asking price and asking cap rate as published by the listing party, not a verified closed transaction. Lease terms shown where reported by the listing party and not independently verified. Shown for market reference only; this is not an offering. Investment Grade Income Property, LP represents buyers on a cooperating commission basis.