315 Northwest 36th Street, Ankeny, IA 50023 For Sale

Dutch Bros Coffee | Ankeny, IA (Des Moines)

Brand New 2026-Construction, Single-Tenant, Double-Drive-Thru

• 2026 Construction Single-Tenant Dutch Bros. Double Drive-Thru; 15-Year Absolute NNN Corporate Lease:
  • 15-year absolute NNN corporate lease; zero landlord responsibilities
  • 10% increases every 5 years during the initial term and each of the three 5-year options
  • No landlord responsibilities; Passive single-tenant net leased asset

• Strong Corporate Guarantee | Publicly-Traded Corporate Tenant (NYSE Bros) | Fastest Growing Coffee Brand in the U.S.
  • Dutch Bros (NYSE: BROS) is the nation’s fastest growing coffee brand with 1,100+ locations in 25 states, and plans to have 2,000+ shops by 2029 (Click to Read Full Article)
  • Impressive Average-Unit Volume of $2.16MM+
  • Same-store sales climbed 8.3% With Q1 2026 Results Reporting the seventh consecutive quarter of traffic growth for the brand
  • Dutch bros reported a 28% increase in revenues for 2025, reaching $1.64 Billion and a market cap in excess of $8.68 Billion

• Ankeny, Iowa: One of America's Fastest-Growing & Highest-Ranked Cities
  • 79,000+ Residents within 5-miles of the subject property with AHHI exceeding $130,000
  • Ankeny has been ranked the fastest-growing city in the Midwest and recognized by the U.S. Census Bureau among the fastest-growing cities in the United States
  • #4 Best Place to Live in the U.S. out of 850+ cities evaluated (U.S. News & World Report 2026), #1 Best Place to Live in Iowa

• Des Moines MSA: Crowned The Fastest Growing Major Metro In The Midwest
  • 758,000+ Des Moines Metro population
  • #1 fastest growing metro area by percentage in the Midwest; 20% population growth from 2010 to 2021, outpacing Chicago, Omaha, Kansas City, Milwaukee, Minneapolis, and St. Louis (U.S. Census Bureau)
  • MSA GDP exceeded $62 billion in 2024, up $2B year-over-year (DSM USA Data Hub)