Dutch Bros
Retail | 4.25% CAP | 950 SqFt
Marketing description
SRS National Net Lease is pleased to offer the opportunity to acquire the leased fee interest (land ownership) in an absolute NNN, new construction, corporate guaranteed Dutch Bros investment property located in Indio, California (Palm Springs MSA). 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, 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. Dutch Bros is among the most popular QSR brands in the country with 1,150+ locations.
Dutch Bros is strategically situated within “The Greens Indio,” a premier high-traffic retail corridor at the northeast corner of Avenue 42 and Jackson Street (combined 39,500 VPD). The site benefits from its position in a dense commercial hub, immediately adjacent to retailers including Arco, AutoZone, and a new construction Chick-fil-A. This intersection serves as a primary retail destination for the region, anchored by high-volume tenants such as Home Depot, Burlington, WinCo Foods, Ross, and 24 Hour Fitness. The surrounding area is further bolstered by a mix of national brands, including Walmart Supercenter, In-N-Out, Raising Cane’s, and McDonald’s. The site is located near Interstate 10 (76,000 VPD), a main arterial highway providing access to Indio, Palm Springs, and the broader Inland Empire. Indio is experiencing significant growth and revitalization, evidenced by the 1.2 million+ square feet of retail within a one-mile radius, maintaining a low 3.5% vacancy rate and consistent year-over-year rent growth. A transformative nearby development, The Oasis at Indio, is a 183-acre master-planned community that will bring up to 3,240 multifamily units, 1.8 million square feet of industrial/employment space, a 128-room hotel, and over 70,000 square feet of additional retail. This massive influx of residential and commercial density, combined with established centers like Indio Towne Center and The Showcase at Indio, reinforces the area’s long-term growth as a focal point of the Coachella Valley’s economic expansion.
Investment highlights
- New 15-Year Lease | Corporate Guaranty | 2026 Construction
- Absolute NNN | Leased Fee Ownership | Zero Landlord Responsibilities
- The Greens Indio Retail Development | National Retail Corridor
- Tourism & Retail Destination | The Oasis at Indio Development
- Strong Demographics In 5-Mile Trade Area | Six-Figure Incomes
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