Listed by CP Partners
$3,346,000
Dutch Bros
Details
Property Type Retail
Sub Type Coffee, Freestanding
Square Footage 1,960
Cap Rate 5.35%
NOI $179,000
Occupancy 100%
Tenancy Single
Brand/Tenant Dutch Bros
Lease Type Absolute NNN
Lease Term 15
Lease Expiration 05/31/2041
Rent Bumps Yes
Lease Options Four, 5-year
Year Built 2026
Acreage 0.430
Investment Type Net Lease
Lease Commencement 05/15/2026
Ground Lease No
Rare Large Format Corporate Dutch Bros in Income Tax-Free State
Marketing description
This new construction Dutch Bros, opened in May 2026, is strategically positioned along a retail corridor connecting to the University of Tennessee, approximately 2 miles away. The 15-year absolute NNN lease features 10% rental increases every five years throughout the base term and option periods, providing strong built-in income growth.
Investment highlights
- 15 years remaining on a corporate-backed lease featuring 10% rent increases every five years throughout the base term and options
- Rare 1,960 SF building size; substantially larger than the typical ±848 SF prototype, offering enhanced long-term versatility and future redevelopment optionality
- Strategically located just minutes from the University of Tennessee (40,000+ students) and downtown Knoxville, and immediately proximate to South Doyle Middle School
- 1,100+ locations across 24 states; Dutch Bros (NYSE: BROS) is a national category leader in drive-thru beverage expansion and same-store sales growth
- Opened 150+ new locations in 2025, with continued aggressive national expansion targets through 2026
- Knoxville MSA population exceeds 900,000 and continues to experience steady in-migration and economic expansion
Listing Contacts
Listed by CP Partners
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$179,000.00
$14,916.67/mo
Valuation Metrics
0
DSCR
5.35%
Cap Rate
5.35%
ROI
Map
Zoning
C-G-2 CommercialGeneral CommercialGeneral Commercial 2
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View all 147 uses Last updated Jun 22, 2026 For deeper zoning details, reports are available at Zoneomics
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