3425 S Scatterfield Rd, Anderson, IN 46013

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN leased, Dutch Bros Coffee investment property located in Anderson, Indiana. The tenant, Dutch Bros, recently signed a brand new, 15-year lease with 3 (5-year) options to extend, demonstrating their commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for a passive investor.

The Dutch Bros is located at the hard corner intersection of Scatterfield Rd and Sunnyside Dr which combine to average more than 28,700 vehicles passing by daily. Scatterfield Rd is the major retail thoroughfare serving the city of Anderson. The subject property is an outparcel to a Lowe’s that sees over 750k annual visitors per placer.ai. In addition, located near Southtown Centre, with major tenants including Hobby Lobby, Planet Fitness, PetSmart, Olive Garden, and many others. The property is in the center of a primary retail corridor with other national/credit tenants including Walmart, Meijer, McDonald’s, Texas Roadhouse, Chick-fil-A, Panera Bread, 7 Brew, and more, further increasing consumer traffic to the site. The asset is located less than 2 miles from Harrah’s Hoosier Park Casino & Racetrack which features over 92,000 SF of gaming floor, increasing consumer draw to the area. The 5-mile trade area is supported by a population of over 70,250 residents and 30,100 employees with an average household income of $72,295.