Dutch Bros Ground Lease | Jacksonville, FL
New 15-Year Abs NNN Ground Lease | High-Visibility Location
Marketing description
New 15-year absolute NNN ground lease to Dutch Bros, the second-largest drive-thru coffee chain in the U.S. with 10% rental increases every five (5) years in initial term and four (4) option periods of five (5) years each, ensuring consistent income growth. Tenant covers all taxes, insurance, and maintenance, including roof, structure, and parking lot, providing a fully passive investment.
High-visibility and easily accessible location near the signalized intersection of Normandy Boulevard and Fouraker Road, which experiences a combined traffic count of over 47,000 vehicles per day. Trophy location along State Route 228, which connects directly to Downtown Jacksonville and will allow the site to capture significant commuter traffic.
Immediately surrounded by dense multi-family residential communities, including Cedar Hills (65,000+ population), Jacksonville Heights (24,000+ population), and Whitehouse (12,000+ population). 10 miles from Downtown Jacksonville and Jacksonville Naval Air Station, allowing the site to capture maximum levels of local commuter traffic.
162,595 residents live within five miles of the property, a 13% increase since 2010. High average annual household income of $89,982 within a one-mile radius of the property. Projected population and income increases within 1-, 3-, and 5-mile radii over the next five years poise this Dutch Bros and Jacksonville for steady concurrent growth.
Investment highlights
- New 15-year absolute NNN ground lease to Dutch Bros, the second-largest drive-thru coffee chain in the U.S.
- 10% rental increases every five (5) years in initial term and four (4) option periods of five (5) years each, ensuring consistent income growth.
- Tenant covers all taxes, insurance, and maintenance, including roof, structure, and parking lot, providing a fully passive investment.
- Dutch Bros opened its 1,000th shop in February 2025 and plans to open 1,000 more by 2029.
- Total revenue for Q4 2025 increased by 29% year-over-year.
- Dutch Bros is projecting 2026 revenue near $2.0 billion, alongside continued same store sales growth (estimated approximately 3–5%).
- High-visibility and easily accessible location near the signalized intersection of Normandy Boulevard and Fouraker Road, which experiences a combined traffic count of over 47,000 vehicles per day.
- Trophy location along State Route 228, which connects directly to Downtown Jacksonville and will allow the site to capture significant commuter traffic.
- Immediately surrounded by dense multi-family residential communities, including Cedar Hills (65,000+ population), Jacksonville Heights (24,000+ population), and Whitehouse (12,000+ population).
- 10 miles from Downtown Jacksonville and Jacksonville Naval Air Station, allowing the site to capture maximum levels of local commuter traffic.
- 162,595 residents live within five miles of the property, a 13% increase since 2010.
- High average annual household income of $89,982 within a one-mile radius of the property.
- Projected population and income increases within 1-, 3-, and 5-mile radii over the next five years poise this Chipotle and Jacksonville for steady concurrent growth.
- Gateway to Atlantic Beach, Neptune Beach, and Jacksonville Beach, allowing the site to capture immense tourist and recreational traffic.
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