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Virtual Drive-By

Dunkin' NNN

2255 Hudson Ave · Irondeqoit, NY 14617 · QSR / Restaurant

Asking price
$1,031,829
Cap rate
5.25%
NOI
$54,171

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Lease

Lease typeNNN
Term remaining15.1 yrs
Expiration08/2041
Rent bumps5%/5-Years (First Two Periods) ~20% Option 1, then 10%/5-Years
Options3 x 5 Years
Ground lease
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 SF2,361
Price / SF$437
Year built2005
Lot size0.36 ac
TypeQSR/Fast Food, Restaurant, Storefront
Days on market107

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

  • ​Prime Hudson Avenue Location | High‑Traffic Rochester MSA Corridor
  • ​Long‑Term NNN Ground Lease w/ 15 Years Remaining | Passive Income With Built‑In Growth
  • ​Proven Operating History | Strong Franchise & Corporate Backing
  • ​Nationally Recognized Coffee QSR Brand
  • ​Growing Regional Market With Significant Economic Drivers
  • ​Ongoing Local Development Driving Long‑Term Demand

Property overview

Marcus & Millichap is pleased to offer a freestanding Dunkin’ drive‑thru located along Hudson Avenue, a high‑traffic north–south corridor serving Irondequoit and connecting directly to Downtown Rochester and surrounding suburban communities.​ The property benefits from strong visibility, consistent commuter flow, and proximity to major retail, service, and residential anchors throughout the Rochester MSA.​

The asset is secured by a NNN ground lease with ±15 years of firm term remaining, offering passive, predictable income with zero landlord responsibilities.​ The lease includes 5% rent increases every five years, followed by a ~20% increase at the first option and 10% escalations thereafter, providing built‑in income growth and long‑term inflation protection.​ The site has operated continuously since 2005, demonstrating long‑term tenant commitment and durable location performance.​

Dunkin’ is one of the most recognized coffee QSR brands in the U.​S.​, supported by a proven franchise model and strong daily consumer demand.​ The lease is backed by DB Real Estate Assets I LLC, a corporate subsidiary, and operated by an experienced franchisee with additional support from Dunkin’ corporate, enhancing credit strength and operational stability.​

The surrounding trade area includes Wegmans, ALDI, Citizens Bank, Dollar Tree, and other national retailers, reinforcing the corridor’s role as a dominant retail destination.​ Ongoing local development including multifamily housing, new restaurant construction, and retail reinvestment continues to strengthen long‑term demand and population growth.​

This offering presents a rare opportunity to acquire a corporate‑backed, long‑term NNN Dunkin’ asset in a high‑traffic suburban corridor with durable fundamentals and strong regional demographics.​

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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.