Listed by Marcus & Millichap - San Diego
$3,084,000
Dutch Bros
Details
Property Type Retail
Sub Type QSR/Fast Food, Restaurant
Square Footage 1,269
Net Rentable (SqFt) 1,268
Cap Rate 5.35%
NOI $164,989
Occupancy 100%
Tenancy Single
Brand/Tenant Dutch Bros
Lease Type Absolute NNN
Lease Term 15
Remaining Term 15
Rent Bumps Yes
Year Built 2026
Acreage 0.990
Investment Type Net Lease
Ground Lease No
Near College Campuses & Hospitals | 54K Cars/Day | 15-Year Absolute NNN
Investment highlights
- 15-Year Absolute NNN Lease with 10% Increases Every 5 Years
- Corporate Guaranty (NYSE: Bros), 1,203+ Locations in 25 States and $1.64 Billion in Revenue
- 3rd Largest Coffee Chain in U.S. and Projected to Open 2,029 Locations by 2029
- Industry Leading Average Unit Volume of $2.16 Million, 19 Consecutive Years of Same-Store Sales Growth
- Brand-New High-Quality Construction with Dual Drive-Thru
- Serving Over 113,000 Residents in the Heart of the Peoria Trade Area
- Across from High-Volume Walmart Supercenter and Hobby Lobby Anchored Power Center
- Positioned on the Hard Corner at One of the Busiest Signalized Intersections in Peoria with 54,000+ Cars/Day
- Minutes to Bradley University (4,242 Students) and Illinois Central College Campuses (16,000+ Students)
- 3.5 Miles to OSF St. Francis Medical Center (5,850+ Employees) the 4th Largest Hospital in Illinois, Recently Completed $237 Million Expansion
- 3 Miles to Award-Winning Carle Health Methodist Hospital with 300,000 Patient Visits
- Close Proximity to Caterpillar’s Manufacturing Facilities with 12,000+ Employees
- Strong Daytime Population, More Than 70,000 Employees in Primary Trade Area
- Surrounded by Several K-12 Schools with 12,700+ Students
- Just West of New $20+ Million Peoria Stadium Campus Attracting Thousands of Visitors Annually
- Easy Access to I-74 Connecting Central Illinois with Indianapolis, Cincinnati, and Des Moines
Listing Contacts
Listed by Marcus & Millichap - San Diego
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
$164,989.00
$13,749.08/mo
Valuation Metrics
0
DSCR
5.35%
Cap Rate
5.35%
ROI
Map
Broker Selected Comps View More Comps
Property History
Similar Properties
Additional Information
Name
License
Title
Is there information that looks off?
