Dutch Bros Coffee - Columbia, SC
Corporate Abs NNN Lease | Rare 2.00% Annual Increases | High Growth Columbia, SC Market
Marketing description
DUTCH BROS CULT CUSTOMER FOLLOWING & LINE AROUND THE BUILDING AT SUBJECT PROPERTY
Dutch Bros Coffee has a national reputation for high-quality coffee and excellent service, which has earned them a cult customer following nationally – as evidenced by the 17+ car drive-thru line wrapping around the building at the time property photos were taken.
TRIPLE LANE DRIVE THRU TO ACCOMMODATE HIGH CUSTOMER VOLUME
Property utilizes a unique triple-lane drive-thru to accommodate high customer volume, with employees taking customer orders in each individual lane to keep wait times short and capitalize on peak “rush” hours.
DUTCH BROS CORPORATE CREDIT
Corporate leased & operated Dutch Bros. Dutch Bros (NYSE: BROS) is publicly traded and currently operates 1,100+ locations. Location count is projected to reach 2,000+ by 2029 and over 7,000 long-term. The company did $1.6+ billion of sales in 2025, with $280 EBITDA and $80+ million of net income. Dutch Bros also benefits from a low corporate debt load at just 22% debt to equity.
13+ YEARS OF LEASE TERM REMAINING
Long-term “mailbox money” investment opportunity with strong tenancy.
ABSOLUTE NNN LEASE
No landlord responsibilities whatsoever for completely hands-off ownership.
RARE 2.00% ANNUAL RENTAL INCREASES
Stronger rental escalation structure than nearly all other Dutch Bros assets on market today.
RARE 10-YEAR EXTENSION OPTION
10-year tenant renewal option sets this asset apart from others on the market – most of which offer 5-year renewal options. Lease resets to a brand-new 10-year term if Tenant extends (maximizing asset value, sale & financing options) compared to 5-year options.
COLUMBIA, SOUTH CAROLINA MARKET STRENGTH & HOME OF SOUTH CAROLINA UNIVERSITY
Capital city of South Carolina and one of the fastest growing markets in the U.S., as well as the #2 largest city & metro area in the state of South Carolina. Columbia is also home to South Carolina University – 38,000+ students enrolled & South Carolina’s largest university.
10 MILES FROM DOWNTOWN COLUMBIA WITH FRONTAGE ON 35,000+ VPD RETAIL CORRIDOR
Property benefits from direct frontage & access from Highway 1 (Two Notch Road), a major retail corridor that sees over 35,000 vehicles per day and offers fast access to Downtown Columbia, SC only 10 miles away from the Property.
EXCEPTIONAL DEMOGRAPHICS AND GROWTH
326,000+ residents within 10 miles and 124,000+ residents within 5 miles of the Property, earning average household incomes of approximately $98,000 and $93,000, respectively. Furthermore, population within 3 miles of the Property is projected to grow at an annual rate of approximately 0.45% through 2030.
ADJACENT PARCEL AVAILABLE AS WELL FOR POTENTIAL DEVELOPMENT OR EXPANSION
Contact broker for details.
SOUTH CAROLINA ACQUISITION OPPORTUNITY
South Carolina is the #1 fastest-growing state in the country with a 1.50% population increase in 2025 alone. In addition to rapid growth, the state benefits from a low tax, business-friendly environment, making it one of the most in-demand states among investors and tenants alike.
Investment highlights
Northmarq, on behalf of Ownership as its exclusive advisor, is pleased to offer for sale, the fee-simple interest in the singletenant Dutch Bros Coffee facility located at 9349 Two Notch Road in Columbia, South Carolina. Dutch Bros Coffee is the fastest-growing coffee brand in the U.S. with 1,100+ locations operating today and plans to expand to 2,000+ locations by 2029. The company added 181 new stores in 2026 alone and has a long-term runway to 7,000 locations. The company is publicly traded (NYSE: BROS) and did $1.6+ billion in annual sales with $280+ million EBITDA and $80+ million of net income in 2025. Dutch Bros also boasts a low debt load at just 22% debt-to-equity. The asset is corporately operated, leased to Boersma Bros. LLC (Dutch Bros’ corporate operating entity), and operates under a long-term NNN lease with over 13 years of term remaining. The lease features 2.00% annual rental increases and a 10-year extension option after the initial lease term, attractive features that are rarely seen in Dutch Bros leases nationally. The Property is located on the hard, signalized corner of Columbia Avenue & W Butler Avenue (32,000+ VPD) with access via both roadways. Major retailers in the immediate area include Big Lots, Walmart Supercenter, Lowe’s, Publix, Kroger, Kohl’s, Best Buy, Target, and Michaels. The Property offers direct frontage & access on Highway 1 (Two Notch Road), one of the busiest corridors in the region with over 35,000+ vehicles per day, and is located just 10 miles from Downtown Columbia. Columbia is the #2 largest MSA in the state of South Carolina with 870,000+ residents in the metro and is the state capital of South Carolina. The MSA boasts a 1.1% annual population growth rate making it one of the fastest-growing metros in the U.S., along with the state of South Carolina as a whole which grew 1.50% in 2025 making it the fastest-growing state in the country.
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