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Dutch Bros - Fort Myers FL 11556 Majestic Palms Blvd 950 SF Retail Building Fort Myers, FL 33908 $4,617,546 CAD ($4,860.57 CAD/SF) 5% Cap Rate



Investment Highlights
- Brand New 15-Year Lease | Scheduled Rental Increases | Options to Extend | Established Tenant | 2026 Construction
- Signalized, Hard Corner Intersection | High Traffic Corridor | Dense Trade Area | Surrounding Retailers | Dual Drive-Thru Equipped
- Absolute NNN | Zero Landlord Responsibilities | No State Income Tax
- 5 Mile Demographics and Employee Base | Affluent 3-Mile Radius
Executive Summary
• The tenant recently signed a brand new 15-year lease with 3 (5-year) options to extend, demonstrating their long-term commitment to the site
• The lease features 10% rental increases every 5 years during the initial term and at the beginning of each option period, growing NOI and hedging against inflation
• Dutch Bros is the third largest coffee chain in the US with over 1,080 locations throughout 24 states and a long-term goal of hitting 4,000+ stores
• 2026 construction which features high quality materials, distinct design elements, and high-level finishes
• The lease features 10% rental increases every 5 years during the initial term and at the beginning of each option period, growing NOI and hedging against inflation
• Dutch Bros is the third largest coffee chain in the US with over 1,080 locations throughout 24 states and a long-term goal of hitting 4,000+ stores
• 2026 construction which features high quality materials, distinct design elements, and high-level finishes
Property Facts
Sale Type
Investment NNN
Property Type
Building Size
950 SF
Year Built
2026
Price
$4,617,546 CAD
Price Per SF
$4,860.57 CAD
Cap Rate
5%
NOI
$230,879 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Lot Size
1.04 AC
Zoning
CPD
Parking
13 Spaces (13.68 Spaces per 1,000 SF Leased)
Amenities
- Pylon Sign
- Signalized Intersection
- Drive Thru
Nearby Major Retailers
Property Taxes
| Parcel Number | 31-45-24-L4-65000.0080 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $492,566 CAD |
Property Taxes
Parcel Number
31-45-24-L4-65000.0080
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$492,566 CAD
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Dutch Bros - Fort Myers FL | 11556 Majestic Palms Blvd
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