Dutch Bros - Georgetown, KY (Lexington MSA)
950 SqFt
Marketing description
Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to offer the opportunity to acquire the fee simple interest in the brand-new construction, single-tenant Dutch Bros located at 100 Osborne Way in Georgetown, Kentucky (“Property” or “Asset”). The Property is occupied by Boersma Bros (“Tenant”, dba “Dutch Bros”) and is operating on a 15.0-year absolute NNN lease with 10% rent increases every 5 years, four, five-year options and zero landlord responsibilities.
KY Broker of Record: Doug Owen - KY License #: 201917
Investment highlights
15.0-year absolute NNN lease with zero landlord responsibilities
Outparcel to the #1 most visited Walmart in a 15-mile radius
2 miles from Toyota's largest production facility with 10,000+ employees
Georgetown is Kentucky's fastest growing city (Lexington MSA)
Strong demand characteristics driven by 1-mile AHHI of $113K with 62% population growth since 2010
Signalized intersection adjacent to I-75 with 75,000 VPD
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