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Dutch Bros Coffee 1202 Decatur Pike 2,573 SF Retail Building Athens, TN 37303 $3,855,392 CAD ($1,498.40 CAD/SF) 5.25% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Rare Large-Format Dutch Bros Store - 2,573 SF Building with Double Drive Thru
  • Large Hard Corner Land Parcel - 0.73-Acre - Excellent Ingress and Egress Access with No Cross Access to Other Parcels
  • Close Proximity to McMinn County High School – Approx 1,500 Students Enrolled - Located Approx 0.5 Mile from Starr Regional Medical Center
  • Scheduled to Open December 2025 - New 15-Year, Absolute NNN Lease - Dutch Bros Coffee - 10% Rent Bumps Every 5 Years
  • Strategic Location – Morning Side Drive Access to Highway 11 - Less Than 1-Mile West of Tennessee Wesleyan University – Approx 1,400 Students Enrolled
  • Located Between the Cities of Chattanooga and Knoxville

EXECUTIVE SUMMARY

The Snyder Carlton National Net Lease Team is pleased to present an excellent opportunity to purchase a brand new developed Dutch Bros Coffee in Athens, TN. The rapidly growing and publicly traded (NYSE: BROS) drive thru coffee chain currently operates over 1,000 locations across 20 states and territories is on track to reach 2,029 locations by 2029. With a brand-new 15-year absolute NNN lease, four 5-year option periods, 10% rent increases every 5 years, and no landlord responsibilities, this asset is ideal for an investor seeking long-term, passive cash flows.
The rare oversized 2,573 SF building with a double drive-thru is located on the morning side hard corner of Decatur Pike and Haley Street and is located between the cities of Knoxville and Chattanooga. The property is located between Tennessee Wesleyan University (approx. 1,400 students Enrolled) and McMinn County High School (approx. 1,500 students enrolled). The property is also situated approx. half a mile from Starr Regional Medical Center.
Nearby retailers include Walmart Supercenter, Lowe’s Home Improvement, McDonald’s, ALDI, Price Less IGA, Ingles Market, Hobby Lobby, Dollar Tree, Family Dollar, CVS, Walgreens, and more. This is a great opportunity to acquire an absolute triple-net leased asset in a tax-free state on a long-term lease with strong rent increases, zero landlord responsibilities, and strong tenant credit growth potential, providing inflation-resistant income for years to come.

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,573 SF
Building Class
C
Year Built
2025
Price
$3,855,392 CAD
Price Per SF
$1,498.40 CAD
Cap Rate
5.25%
NOI
$202,408 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.73 AC
Frontage
137’ on Decatur Pike

AMENITIES

  • Corner Lot
  • Signage
  • Drive Thru

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Accommodation and Food Services
  • -
  • -
  • Lorem Ipsum
  • Jan 0000

Dutch Bros Inc. (NYSE: BROS) is a high growth operator and franchisor of drive-thru shops that focus on serving high QUALITY, hand-crafted beverages with unparalleled SPEED and superior SERVICE. Founded in 1992 by brothers Dane and Travis Boersma, Dutch Bros began with a double-head espresso machine and a pushcart in Grants Pass, Oregon. While espresso-based beverages are still at the core of what they do, Dutch Bros now offers a wide variety of unique, customizable cold and hot beverages that delight a broad array of customers. They believe Dutch Bros is more than just the products they serve—they are dedicated to making a massive difference in the lives of their employees, customers and communities. This combination of hand-crafted and high-quality beverages, their unique drive-thru experience and their community-driven, people-first culture has allowed them to successfully open new shops and continue to share the “Dutch Luv”.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Accommodation and Food Services - - Lorem Ipsum Jan 0000

NEARBY MAJOR RETAILERS

Workout Anytime
Starbucks
Ingles Markets
First Horizon Bank
Price Less IGA
Old National Bank
Truist
Cook Out
United Grocery Outlet
7 Brew Coffee

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
056F-D-062.00
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$230,941 CAD
  • Listing ID: 38309792

  • Date on Market: 2025-11-03

  • Last Updated:

  • Address: 1202 Decatur Pike, Athens, TN 37303

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