www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
34223528
34223527

502 IAA Dr, Bloomington, IL 61701 For Sale

VA
CA CA 01728696
Cushman & Wakefield - Sacramento, California
RF
CA CA 01716551
Cushman & Wakefield - Sacramento, California
Listed by Cushman & Wakefield - Sacramento, California
$3,009,000
38 days on market
Updated 13 days ago

Dutch Bros | 70,000 Vehicles per Day

Details
Property Type Retail
Sub Type QSR/Fast Food
Square Footage 986
Cap Rate 5.65%
NOI $170,000
Tenancy Single
Brand/Tenant Dutch Bros. Coffee
Lease Type Absolute NNN
Lease Term 15
Lease Expiration 05/31/2041
Remaining Term 15.2
Rent Bumps Yes
Broker Co-Op Yes
Year Built 2026
Acreage 0.400
Lease Commencement 06/01/2026
Ground Lease No

New 15-Year Abs NNN Lease | Near Illinois State University (22,000 students & 3,940 employees)

Marketing description

» New 15-year absolute NNN lease to Dutch Bros, the second-largest drive-thru coffee chain in the U.S.

» 10% rental increases every five (5) years in initial term and three (3) option periods of five (5) years each, ensuring consistent income growth.

» Tenant covers all taxes, insurance, and maintenance, including roof, structure, and parking lot, providing a fully passive investment.

» Dutch Bros opened its 1,000th shop in February 2025 and plans to open 1,000 more by 2029.

» Total revenue for Q4 2025 increased by 29% year-over-year.

» Dutch Bros is projecting 2026 revenue near $2.0B, alongside continued same store sales growth

(estimated approximately 3–5%).

Investment highlights

» Highly visible and easily accessible location along Illinois State Route 9 (20,500+ AADT), allowing for prime site visibility with immediate access to Veterans Parkway (49,300+ AADT).

» Property serves as an outparcel to a dominant regional shopping center anchored by Dick’s Sporting Goods, HomeGoods, Five Below, PetSmart, and other national retailers.

» Within a three-mile radius of this Dutch Bros are well-attended schools, such as Bloomington High School (1,395 students), Illinois State University (approx. 22,000 students & 3,940 employees) and Illinois Wesleyan University (1,600+ students), as well as Bloomington’s largest employers State Farm Insurance (14,400+ employees) and OSF St. Joseph Medical Center (1,300+ employees).

Listing Contacts

VA
CA CA 01728696
Cushman & Wakefield - Sacramento, California
RF
CA CA 01716551
Cushman & Wakefield - Sacramento, California
Listed by Cushman & Wakefield - Sacramento, California

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$170,000.00
$14,166.67/mo

Valuation Metrics

0
DSCR
5.65%
Cap Rate
5.65%
ROI

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591