Listed by CP Partners
$2,887,000
Dutch Bros
Details
Property Type Retail
Sub Type QSR/Fast Food, Coffee
Square Footage 3,723
Cap Rate 4.85%
NOI $140,000
Occupancy 100%
Tenancy Single
Brand/Tenant Dutch Bros. Coffee
Lease Type Absolute NNN
Lease Term 15
Lease Expiration 04/30/2026
Rent Bumps Yes
Lease Options Four, 5-years
Year Built 2006
Year Renovated 2026
Acreage 0.960
Parking Spaces 20 spaces
Parking Per SqFt 5.37
Investment Type Net Lease
Lease Commencement 04/14/2026
Ground Lease Yes
15-Year Absolute NNN Corporate Ground Lease (NYSE: BROS) | Clemson University Market
Marketing description
15-year absolute NNN corporate ground lease with zero landlord maintenance or expense responsibilities. Positioned in the core Clemson University trade area, steps from approximately 30,000 students and a dense national retail corridor along U.S. 123 (Tiger Boulevard).
Tiger Boulevard and Pinnacle Street commercial corridor — one of Clemson’s highest-traffic retail nodes — benefits from the sustained traffic generated by Clemson University and Clemson Memorial Stadium, an 81,500-seat venue averaging approximately 79,000 fans per game in 2025.
Investment highlights
- 15-year absolute NNN corporate ground lease commenced April 2026 with zero landlord maintenance or expense responsibilities
- Corporate lease signed by Boersma Bros, LLC, the founding family entity affiliated with Dutch Bros’ corporate leadership
- The .96-acre site has a 3,723 SF double drive-thru building, renovated in 2026
- 10% rent increases every five years throughout the base term and options
- Four (4), 5-year renewal options providing a potential 35-year total lease term
- Publicly traded (NYSE: BROS) drive-thru coffee chain with record 2025 revenue of $1.64 billion, a 27.9% increase year-over-year
- Frontage on U.S. 123 (Tiger Blvd), Clemson’s primary east-west arterial, with regional connectivity to I-85
Listing Contacts
Listed by CP Partners
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Loan Amount
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Annual Debt Service
$--
$--
Annual Cash Flow
$140,000.00
$11,666.67/mo
Valuation Metrics
0
DSCR
4.85%
Cap Rate
4.85%
ROI
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