Dunkin | Myrtle Beach MSA

Investment Overview

Trinity Partners is proud to serve as exclusive advisor to ownership and present to the marketplace this net lease retail investment opportunity in Myrtle Beach, South Carolina. Dunkin is one of the world’s leading quick-serve restaurant brands with over 14,000 locations in 40 global markets. The Property is under construction and the double drive-thru building with patio seating and 18 parking spaces will be completed in Q1 2027. The 20-year absolute NNN ground lease commences in January 2027 with 9% rent increases every 5 years and multiple renewal options. It’s guaranteed by Greylock Real Estate Partners (dba Carolina Restaurant Partners), a successful Dunkin franchisee since 2007 with 15 locations throughout the Myrtle Beach MSA. Myrtle Beach is the primary commercial hub of the Grand Strand region, a 60-mile coastal stretch of beaches, golf, entertainment, and family attractions. The area draws over 20 million visitors annually and supports a dense network of hotels, restaurants, and recreational venues.

Investment Highlights

• One of the most recognized QSR brands with 14,000+ locations in 40+ countries (10,000+ in US)
• Greylock Real Estate Partners is a growing Dunkin franchisee with 15 current locations
• 20-year absolute NNN ground lease with 8 renewal options of 5 years each
• 9% rent bumps every 5 years throughout the base term and option periods
• Ground-up, class A construction scheduled to be completed in Q1 2027
• Outparcel to a high occupancy Food Lion, Anytime Fitness, and Big Air Trampoline Park center
• S Kings Hwy (US 17 Bus) is one of Myrtle Beach’s primary commercial corridors with 28,700 VPD
• Immediate proximity to Myrtle Beach International Airport (3.5M+ passengers in 2025) and The Market Common (114-acre entertainment district)
• Population of 84,000 in a 5-mile radius (13.5% growth since 2020) with a 5-year projected growth rate of 9%
• Average household income of $100,600 in a 3-mile radius and median income of $71,000 in a 1-mile radius
• One of the Southeast’s premier coastal tourism markets, attracting 20M+ visitors and generating $26B+ in total economic impact annually
• One of the nation’s fastest-growing metro areas, ranking 3rd among the most sought-after cities for relocation in the US in 2025 (U.S. News)