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32468084
32468077

4325 S Western Ave, Marion, IN 46953

KP
CA 01949749
Matthews
CK
CA 01911198
Matthews
Listed by Matthews
$2,888,889
3 days on market
Updated 3 days ago

Dutch Bros - Walk to University

Details
Property Type Retail
Sub Type QSR/Fast Food, Coffee Shop
Square Footage 1,025
Net Rentable (SqFt) 1,025
Units 1
Cap Rate 5.85%
NOI $169,000
Occupancy 100%
Tenancy Single
Brand/Tenant Starbucks, Dunkin' (+4)
Lease Type Absolute NNN
Lease Term 15
Remaining Term 15
Rent Bumps Yes
Lease Options Three, 5-Year Options
Price per SqFt $2,818
Broker Co-Op Yes
Class A
Year Built 2026
Buildings 1
Stories 1
Acreage 1.020
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Ground Lease No
Ownership Fee Simple

15 Year Absolute NNN Lease | Near New Developments | Dutch Bros

Investment highlights

  • 15 Year Absolute NNN Lease with 10% Increases Every 5 Years – Offering a passive and reliable source of growing income / overall return along with a hedge against inflation.
  • Corporate Guaranty from Hyper Growth Tenant – Dutch Bros is a publicly traded company, boasting over $1.6 Billion in 2025 revenue, an $8.6 Billion market cap, and over 1,000 locations today with plans to expand to 4,000+ locations in the next ten years.
  • Immediate Proximity to Indiana Wesleyan University – The University has a total of ±14,500 students enrolled across its campuses, with ±3,000 enrolled at its main campus in Marion, which is walking distance to the Dutch Bros, supporting consistent demand from students, faculty, staff, and campus visitors. It is also less than a mile away from the University’s conference and events center, which brings an additional ±25,000 people in each summer.
  • Brand New Construction – Dutch Bros (Opened in March 2026) Featuring a modern prototype design, efficient drive-thru configuration, and high-quality construction aligned with corporate standards. Full Access to S. Western Ave (State Road 15)
  • Positioned on a major commercial corridor – with strong traffic counts surrounded by other national retailers like Kohl’s, Hobby Lobby, Meijer, Texas Roadhouse, T.J. Maxx, McDonald’s, Walmart Supercenter, O’Reilly Auto Parts, Lowe’s and more, with countless service-oriented businesses driving traffic and repeat visitation.
  • Nearby Growth and Development – This site is across the street from a new project to break ground including a Ross, Burlington, Ulta, and Five Below.

Listing Contacts

KP
CA 01949749
Matthews
CK
CA 01911198
Matthews
Listed by Matthews

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$169,000.00
$14,083.33/mo

Valuation Metrics

0
DSCR
5.85%
Cap Rate
5.85%
ROI

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Additional Information

Name
Kyle Matthews
License
RB17001213 (IN), RC52200195 (IN)
Brokerage
Matthews Real Estate Investment Services, LLC
Brokerage Phone
(866) 889-0550
Title
Broker of Record
Brokerage Address
1600 West End Ave, Ste. 1500 Nashville, TN 37203
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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