Language and Region
Currency

Email*

Please enter a valid email address.

To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

Message

916 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

New Dutch Bros | 15-Yr NNN | 37k+ VPD 3103 N Pleasantburg Dr 950 SF Retail Building Greenville, SC 29609 $3,973,716 CAD ($4,182.86 CAD/SF) 5.35% Cap Rate

.mosaic-column{display:inline-block!important;height:100%!important;width:auto!important}.mosaic-tile i{display:none!important}.mosaic-tile img{height:100%!important;width:auto!important}

Investment Highlights

Corporate Guaranteed Lease | Long-Term Commitment | Built-In Rental Increases
Surrounded by National Retail & New Developments | High-Traffic Corridor

Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
Strong Demographics In 5-Mile Trade Area

Executive Summary

SRS National Net Lease 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 Greenville, SC. The tenant, Dutch Bros, executed a 15-year lease with 3 (5-year) extension options, demonstrating their long-term commitment to this location. The lease features 10% rental increases every five years throughout the initial term and at the beginning of each option period, providing consistent NOI growth and a hedge against inflation. The lease is structured as absolute NNN with zero landlord responsibilities, making it an ideal, management-free investment opportunity for an out-of-state or passive investor.

Property Facts

Sale Type

Investment NNN

Sale Condition

Build to Suit

Property Type

Retail

Property Subtype

Retail

Building Size

950 SF

Building Class

Year Built

2026

Construction Status

Under Construction

Price

$3,973,716 CAD

Price Per SF

$4,182.86 CAD

Cap Rate

5.35%

NOI

$212,565 CAD

Tenancy

Single

Building Height

1 Story

Building FAR

0.02

Lot Size

1.00 AC

Zoning

BH - Business Heavy

Parking

14 Spaces (14.74 Spaces per 1,000 SF Leased)

Frontage

235’ on North Pleasantburg Drive

Pylon Sign

Restaurant

Drive Thru

Accommodation and Food Services
99,999 SF
$9.99
Lorem Ipsum
Jan 0000

Dutch Bros is a publicly held drive-thru beverage company founded in 1992 in Grants Pass, Oregon by brothers Dane and Travis Boersma. The business began with a single espresso cart and gradually expanded its offerings to include coffee, teas, lemonades, smoothies, and proprietary energy drinks. Over time, the company developed its own roasting operations and broadened its footprint across multiple states through a mix of company-operated and franchise locations. Dutch Bros has incorporated community-focused initiatives into its operations, developing recurring giveback programs and supporting various causes through its foundation. The company has continued to streamline its organizational structure as it grows, transitioning significant corporate support operations to Tempe, Arizona. Dutch Bros trades on the New York Stock Exchange under the ticker symbol BROS, reflecting its position as a publicly listed enterprise. The company’s historical development includes notable milestones such as the introduction of a branded energy drink line and the establishment of programs that support both local communities and charitable causes.