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Dunkin NNN Property
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1533 E 17th Ave, Hutchinson, KS 67501

A 2022-built building carries an absolute NNN lease through 2042.

Property Size2,169 SF
Lot Size0.63 Acres
Price / SF$878.28
Days on Market5

Property Features for 1533 E 17th Ave

General Information

Standard status Active
Size 2,169 SF
Lot size 0.63 Acres
Property subtype Retail
Occupancy 100%
Lease Type Absolute Net
Investment Type Net Lease
Net Operating Income $113,400

Financials

Asking Price $1,905,000
Cap Rate 5.95%

Site & Location

Traffic Count 12,000 vehicles/day
Highway Access Yes
Road Access Yes

Building Details

Year Built 2022
Buildings 1
Tenancy Single
Listing Agency: Silber Investment Properties Ltd
Listed By: Nicolas Anzalone · License #NY 10401344313
Source: Crexi
Added: Aug 31 Changed: Sep 2 Last Checked: Sep 2 at 2:15PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Silber Investment Properties Ltd

Investment Insights

Based on property information with market context.

This 2,169-square-foot Dunkin property was built in 2022 on a 0.63-acre site in Hutchinson, Kansas. The asset is subject to a 20-year absolute NNN lease running through 2042, with no landlord responsibility for taxes, insurance, maintenance, roof, or structure. Contractual rent increases of 7.5% occur every 5 years, and the agreement includes three 5-year renewal options. The lease is guaranteed by Newsday LLC, which operates 9 locations.

The property fronts E 17th Ave, where traffic exceeds 12,000 vehicles per day, and is positioned near the Ken Kennedy Freeway, which carries 10,000 VPD. Nearby retail includes Walmart Supercenter, Home Depot, Lowe's, ALDI, Kohl's, and Uptown Hutch Mall. Hutchinson Community College, Hutchinson Regional Medical Center, and Hutchinson Regional Airport are also identified as regional traffic generators. The property reports a 5.95% CAP rate.

Key Highlights

  • 2,169 SF building on a 0.63‑acre lot
  • 20‑year absolute NNN lease extending through 2042
  • 7.5% rent increases every 5 years

Property Analytics

Current Use

Dunkin' Cafe & Coffee Shop Baskin Robbins Grocery & Convenience Store

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Big Box & Wholesale Store Auto Parts Store Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

12,000 VPD
Traffic count
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

791
Businesses Nearby
454k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 30% Superstores 20% Shops & Services 19% Apparel 15%
Walmart Superstores
89,540 visits/mo 0.4 miles
Chick-fil-A Dining
34,256 visits/mo 0.3 miles
T.J. Maxx Apparel
30,460 visits/mo 0.2 miles
Hobby Lobby Shops & Services
29,924 visits/mo 0.2 miles
Kohl's Apparel
25,991 visits/mo 0.4 miles

Demographics for 67501, KS

24,779
Population
11,075
Households
2.2
Avg Household Size
37
Median Age
11%
College-Educated
85%
High-School Grad
188.0 sq mi
ZIP Area
132
Density / Sq Mi
$50,069
Median Household Income
$29,008
Median Earnings
$865
Median Rent
$86,300
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - A 2022-built building carries an absolute NNN lease through 2042.
Where is this nnn property located?
The property is located at 1533 E 17th Ave Hutchinson, KS.
What is the asking price?
The asking price for this property is $1,905,000.
What are key features of this property?
This property features: 2,169 SF building on a 0.63‑acre lot; 20‑year absolute NNN lease extending through 2042; 7.5% rent increases every 5 years
More about this property
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