Listed by Marcus & Millichap | The Patel Yozwiak Group
$2,855,000
NEW CONSTRUCTION DUTCH BROS
Details
Property Type Retail
Sub Type QSR/Fast Food
Square Footage 986
Cap Rate 5.75%
NOI $164,176
Occupancy 100%
Tenancy Single
Brand/Tenant Dutch Bros
Lease Type Absolute NNN
Lease Expiration 03/17/2041
Remaining Term 15
Rent Bumps Yes
Lease Options 3, 5-Year Options
Year Built 2026
Buildings 1
Acreage 0.550
Zoning C2
Investment Type Net Lease
Tenant Credit Credit Rated
Lease Commencement 03/18/2026
Ground Lease No
2026 Built-To-Suit | 15-Year Absolute NNN Lease | Ranked 84th Percentile for Nationwide Site Visits
Marketing description
The subject property is a 2026 build-to-suit Dutch Bros Coffee featuring their newest prototype, a ±986-SF drive-thru building situated on a 0.54-acre parcel.
The tenant operates under an absolute NNN lease, resulting in no landlord obligations. Dutch Bros is responsible for property taxes, insurance, repairs, maintenance, and full roof replacement, providing passive, predictable income for ownership.
Dutch Bros executed a 15-year corporate lease with 10% rent increases every 5 years and at the start of two (2) five-year option periods, creating built-in income growth and long-term tenancy stability.
Publicly traded tenant with recurring quarterly revenue growth, rising same-store sales, positive traffic trends, and an accelerated development pipeline, supporting strong credit backing and long-term rent security.
Investment highlights
- 2026 BUILD-TO-SUIT DUTCH BROS - The subject property is a 2026 build-to-suit Dutch Bros Coffee featuring their newest prototype, a ±986-SF drive-thru building situated on a 0.54-acre parcel.
- ABSOLUTE NET LEASE - NO LANDLORD RESPONSIBILITIES - The tenant operates under an absolute NNN lease, resulting in no landlord obligations. Dutch Bros is responsible for property taxes, insurance, repairs, maintenance, and full roof replacement, providing passive, predictable income for ownership.
- NEW 15-YEAR LONG-TERM LEASE - Dutch Bros executed a 15-year corporate lease with 10% rent increases every 5 years and at the start of two (2) five-year option periods, creating built-in income growth and long-term tenancy stability.
- NATIONAL CREDIT TENANT WITH STRONG GROWTH AND OPERATING MOMENTUM - Publicly traded tenant with recurring quarterly revenue growth, rising same-store sales, positive traffic trends, and an accelerated development pipeline, supporting strong credit backing and long-term rent security.
- PRIME HIGHWAY ACCESS & STRONG VISIBILITY - The property benefits from direct access to I-69, exposing it to 40,000+ AADT, while also fronting W. 7th Street with visibility to an additional 23,800+ AADT - ensuring consistent daily traffic and exposure.
- STRATEGIC LOCATION AMONG LEADING NATIONAL BRANDS - Ranked in the top 20% of Dutch Bros locations for site visits nationwide according to Placer.ai, and is the only Dutch Bros location within 50 miles. The site is surrounded by a dense concentration of national brands including Walmart Supercenter (top 9% nationally - Placer.ai), Kroger, ALDI, Home Depot, Dunham Sports, McDonald's, Wendy's, Culver's, Taco Bell, Starbucks, Chipotle, and others that drive daily consumer activity and spillover traffic.
- PROXIMITY TO KEY EMPLOYMENT & COMMUNITY ANCHORS - Located within 3 miles of major demand generators such as Parkview Health (750+ employees), James R. Watson Elementary (570+ students), Downtown Auburn, and the recently expanded Walmart Distribution Center (500+ employees), supporting a positive daytime population and consistent traffic.
Listing Contacts
Listed by Marcus & Millichap | The Patel Yozwiak Group
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$164,176.00
$13,681.33/mo
Valuation Metrics
0
DSCR
5.75%
Cap Rate
5.75%
ROI
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