Dutch Bros Coffee
Dutch Bros locations are small-format drive-thru kiosks, typically between 750 and 950 square feet, located on 0.25 to 0.50-acre parcels. Most are freestanding and do not include indoor seating, though some sites feature walk-up windows or outdoor patios. Leases are generally 15- to 20-year absolute NNN, with 10% rent escalations every 5 years, and are […]
Del Taco
Del Taco locations typically range from 2,000 to 2,800 square feet and are situated on 0.5 to 1.0-acre parcels, often as freestanding buildings with drive-thrus. Lease structures are usually 15- to 20-year absolute NNN, featuring 10% rent increases every 5 years, with corporate guarantees now backed by Jack in the Box. Newer prototype sites are […]
Raising Canes
Raising Cane’s locations are typically 3,000 to 3,500 square feet, situated on 0.75 to 1.25-acre parcels, and feature modern prototypes with double drive-thru lanes, covered patios, and ample stacking room. Leases are commonly structured as 15- to 20-year absolute NNN, with 10% rent escalations every 5 years, and are usually corporately guaranteed. The company targets […]
Papa Johns
Most Papa Johns locations range from 1,200 to 1,800 square feet, often located in inline retail strips, endcaps, or small outparcels. Leases are generally structured as 10- to 15-year NNN or absolute NNN, with 7% to 10% rent escalations every 5 years. Newer leases are increasingly corporate-guaranteed, though many legacy stores are franchisee-backed. Sites are […]
Checkers
Checkers & Rally’s locations typically range from 800 to 1,200 square feet and sit on 0.3 to 0.5-acre parcels. Their signature double drive-thru layout requires minimal indoor dining space, allowing for quick service and efficient operations. Leases are usually 20-year absolute NNN, with 10% rent increases every 5 years. While many locations are franchisee-operated, some […]
Caribou Coffee
Corporate-operated Caribou Coffee locations are typically 1,800 to 2,500 square feet, often developed as freestanding buildings with drive-thrus or endcap units with patio seating. Properties are found in suburban and urban infill markets, and leases are typically structured as 10- to 15-year absolute NNN, with 10% rent increases every 5 years and multiple renewal options. […]
Jack In The Box
Jack in the Box restaurants typically range from 2,200 to 3,000 square feet, built on 0.5 to 1.0-acre parcels, and are almost always freestanding with drive-thru service. Leases are generally 15- to 20-year absolute NNN, with 10% rent increases every 5 years, and are corporately guaranteed for new developments. Franchisee-operated locations make up the majority […]
Little Caesars
Little Caesars locations typically range from 1,400 to 2,400 square feet, situated in inline retail centers, endcaps, or freestanding pad sites on 0.25 to 0.75-acre parcels. Leases are usually structured as 10- to 15-year NNN or absolute NNN, with 7% to 10% rent increases every 5 years, and are often franchisee-backed. Corporate guarantees are less […]
Whataburger
Whataburger properties are typically structured as absolute triple-net (NNN) ground leases, offering investors a truly passive income stream with zero landlord responsibilities. Under these lease agreements, the tenant is responsible for all expenses, including property taxes, insurance, and maintenance. Leases often span 15 to 20 years, with multiple renewal options and built-in rent escalations that […]
Sonic
Sonic Drive-In locations are typically freestanding buildings with drive-in stalls and/or drive-thru windows, making them highly accessible and car-friendly in suburban and high-traffic urban areas. Many leases are corporate-guaranteed by Sonic’s parent company Inspire Brands, which also owns Arby’s, Dunkin’, Jimmy John’s, and Buffalo Wild Wings — making them more attractive to risk-averse investors.