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33325754
33325755

2050 S US Hwy 1, Fort Pierce, FL 34950

AL
CA 2254884
Alpha Real Estate Advisors
ALPHA REAL ESTATE ADVISORS
CL
TX TX - 677086
ALPHA REAL ESTATE ADVISORS
Listed by Alpha Real Estate Advisors, ALPHA REAL ESTATE ADVISORS
$3,146,481
121 days on market
Updated 3 days ago

First Dutch Bros In South Florida Opening Summer 2026

Details
Property Type Retail
Sub Type Coffee, Drive-Thru (+1)
Square Footage 950
Net Rentable (SqFt) 950
Cap Rate 5.40%
Occupancy 100%
Tenancy Single
Lease Type Absolute NNN
Remaining Term 15
Ground Lease No

First Dutch Bros in South Florida | 15-Year Absolute NNN | Corporate Guarantee

Marketing description

Brand-new build-to-suit Dutch Bros Coffee featuring a 15-year absolute NNN lease with corporate guaranty (NYSE: BROS), delivering long-term, passive income with zero landlord responsibilities. This freestanding property marks the first Dutch Bros location in South Florida, opening Summer 2026, and is located along South US Highway 1 with strong traffic exposure and proximity to the redeveloped Gateway Plaza, home to multiple national retailers. The lease includes 10% rent increases every five years, providing durable income growth, while Dutch Bros’ proven drive-thru model and continued national expansion support long-term investment stability.

Disclaimer: The Dutch Bros building depicted on the cover page is a conceptual rendering for illustrative purposes only and may not reflect the final design or construction of the actual improvements.

Investment highlights

  • Absolute NNN Lease Structure - Tenant is responsible for Taxes, Insurance, and Common Area Maintenance (CAM) making this an ideal investment for investors seeking true passive incoming producing assets with zero landlord responsibilities
  • Long Term Lease - Brand-new 15-year lease term with three (3), five (5) year renewal options, signaling long-term tenant commitment and stability.
  • Brand New Construction - Build-to-suit (BTS) designed specifically for Dutch Bros’ proven prototype, allowing for optimal efficiency and continuous success of dominant market share throughout the US.
  • Prime Positioning Along US-1 Retail Corridor - Fronting South US Highway 1, Fort Pierce’s most active retail corridor, the property captures strong commuter traffic and daily repeat patterns essential for high-throughput drive-thru operators, with 37,182 VPD on Hwy 1 and Virginia Avenue.
  • Gateway Plaza Redevelopment Modernizes Retail Environment - The multi-phase redevelopment of Gateway Plaza has introduced new national retailers including Starbucks, Ross Dress for Less, Burlington, Planet Fitness, and Five Below as core components of the center’s modernization. A new Chase Bank branch is currently under construction, further elevating credit quality within the center and strengthening Highway 1 as Fort Pierce’s dominant commercial spine.

Listing Contacts

AL
CA 2254884
Alpha Real Estate Advisors
ALPHA REAL ESTATE ADVISORS
CL
TX TX - 677086
ALPHA REAL ESTATE ADVISORS
Listed by Alpha Real Estate Advisors, ALPHA REAL ESTATE ADVISORS

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