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33516632
33516623

1915 East Main Street, Duncan, SC 29334

RF
NC 280948
Berkeley Capital Advisors Charlotte
CB
NC 287166
Berkeley Capital Advisors Charlotte
Listed by Berkeley Capital Advisors Charlotte
$2,835,000
3 days on market
Updated 3 days ago

Dutch Bros Coffee

Details
Property Type Retail
Sub Type QSR/Fast Food
Square Footage 950
Cap Rate 5.45%
NOI $154,515
Occupancy 100%
Tenancy Single
Brand/Tenant Dutch Bros
Lease Type Absolute NNN
Lease Term 15
Lease Expiration 07/31/2041
Remaining Term 15
Rent Bumps Yes
Lease Options Three, 5-Year
Price per SqFt $2,984
Broker Co-Op True
Class A
Year Built 2026
Acreage 0.950
Zoning Commercial
Parking Spaces 15 spaces
Parking Per SqFt 15.79
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 08/01/2026
Ground Lease No

Brand New 2026 Construction | Long Lease Term | Absolute Net Lease

Investment highlights

• Brand new 2026 construction

• Absolute net lease | Zero landlord responsibilities

• Desirable lease term | New 15-year lease

• Corporate lease | Boersma Bros. LLC | 1,136 locations across the US | Fourth largest coffee chain in the US | Long-term goal of hitting 4,000+ stores

• Strong population growth within 3 miles | 54.11% from 2010-2025

• Large industrial presence nearby | 7.2M SF of space within a 2-mile radius

• Affluent surrounding area | $109,717 average household income within a 3-mile radius

• Signalized corner intersection | E Main St & Shoals Rd | 32,400 VPD combined | With great access & visibility

• Within 20 minutes from Prisma Health Greer Memorial Hospital & Spartanburg Medical Center | 800 beds combined

• Nearly adjacent to Spartanburg Community College | 6,330 students

• 10 minutes from James F. Byrnes High School | 2,315 students

• 10 minutes from Greenville-Spartanburg International Airport | 100 flights per day

• Nearby destination retailers | Walmart Supercenter, Target, Costco, Sam’s Club, Publix, ALDI, Lowe’s, Home Depot, Academy Sports + Outdoors, LongHorn Steakhouse, Olive Garden, Buffalo Wild Wings, Cracker Barrel, Waffle House, Panera Bread, Chick-fil-A, McDonald’s, Sonic, Culver’s, Biscuitville, Whataburger, Zaxby’s, KFC, Dunkin’, Taco Bell, Bojangles, Wendy’s, Burger King, Wingstop, and more

Listing Contacts

RF
NC 280948
Berkeley Capital Advisors Charlotte
CB
NC 287166
Berkeley Capital Advisors Charlotte
Listed by Berkeley Capital Advisors Charlotte

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$154,515.00
$12,876.25/mo

Valuation Metrics

0
DSCR
5.45%
Cap Rate
5.45%
ROI

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