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27900016
27900015

100 Osborne Way, Georgetown, KY 40324

AS
IL 475.170243
JLL Chicago | Americas Headquarters
AG
IL IL: #475.189621
JLL - New York City, New York
TR
IL IL 475.208807
JLL Chicago | Americas Headquarters
Listed by JLL Chicago | Americas Headquarters, JLL - New York City, New York
Unpriced
308 days on market
Updated 28 days ago
Under Contract

Dutch Bros - Georgetown, KY (Lexington MSA)

Details
Property Type Retail
Sub Type QSR/Fast Food
Square Footage 950
Occupancy 100%
Tenancy Single
Brand/Tenant Dutch Bros. Coffee
Lease Type Absolute NNN
Lease Term 15
Lease Expiration 09/30/2040
Remaining Term 14.3
Rent Bumps Yes
Lease Options 4 X 5-Year Options
Year Built 2025
Acreage 0.800
Investment Type Net Lease
Tenant Credit Corporate Guarantee

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

Listing Contacts

AS
IL 475.170243
JLL Chicago | Americas Headquarters
AG
IL IL: #475.189621
JLL - New York City, New York
TR
IL IL 475.208807
JLL Chicago | Americas Headquarters
Listed by JLL Chicago | Americas Headquarters, JLL - New York City, New York

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$175,000.00
$14,583.33/mo

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