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Dutch Bros | 15-Year Abs NNN 1597 W Lane Rd 1,189 SF Retail Building Machesney Park, IL 61111 $4,153,680 CAD ($3,493.42 CAD/SF) 5.50% Cap Rate

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Investment Highlights

New Construction | 15-Year Lease | 10% Increases Every 5 Years
Outparcel to Rockford Speedway Corners | Future Multi-Family/Industrial Development |Redevelopment of the Legendary Rockford Speedway
Rockford MSA Trade Area

Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
Dense Retail Corridor | Frontage to 33,270 VPD

Executive Summary

SRS Real Estate Partners-Midwest, LLC is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN leased, Dutch Bros investment property located in Loves Park, Illinois. The tenant, Boersma Bros. LLC (dba Dutch Bros) recently signed a brand new 15-year lease, with 3 (5-year) options to extend, demonstrating their commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for an out of state investor.