Share This Listing

Message

939 characters remaining

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

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

Dutch Bros Coffee 500 E Broadway Blvd 950 SF Retail Building Jefferson City, TN 37760 $4,052,108 CAD ($4,265.38 CAD/SF) 5.35% Cap Rate

Save this listing!

Favourite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • Brand New 15-Year Lease | Scheduled Rental Increases | Corporate Guaranteed | Well-Known & Established Brand
  • Located Along Broadway Avenue | Centralized Location |2025 Construction | Drive-Thru Equipped | Excellent Visibility
  • Direct Residential Consumer Base |Demographics in 5-Mile Trade Area
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • Dense, Developing Retail Trade Area | Carson-Newman University
  • Knoxville MSA

EXECUTIVE SUMMARY

SRS Real Estate Partners is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN, newly built, corporate guaranteed, Dutch Bros investment property located in Jefferson City, TN. The tenant, BB Holdings TN, LLC, recently signed a brand new 15-year lease with 3 (5-year) option periods, demonstrating their commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and options, growing NOI and hedging against inflation. The lease is guaranteed by Boersma Bros, LLC and is absolute NNN with zero landlord responsibilities, making this an ideal, management-free investment property for a passive investor. The recently opened asset features a state-of-the-art design constructed with the highest-quality materials available.

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
950 SF
Building Class
B
Year Built
2025
Price
$4,052,108 CAD
Price Per SF
$4,265.38 CAD
Cap Rate
5.35%
NOI
$216,762 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
0.69 AC
Zoning
B-3 - Highway Business District
Parking
10 Spaces (10.53 Spaces per 1,000 SF Leased)
Frontage
84’ on East Broadway Boulevard

AMENITIES

  • Signage
  • Drive Thru

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Accommodation and Food Services
  • 99,999 SF
  • -
  • 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 END
Accommodation and Food Services 99,999 SF - Jan 0000

NEARBY MAJOR RETAILERS

Zaxby's
Waffle House
Food City
Regions Bank
U.S. Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
015O-A-007.00
Land Assessment
$280,336 CAD
Improvements Assessment
$0 CAD
Total Assessment
$280,336 CAD
  • Listing ID: 37113216

  • Date on Market: 2025-03-05

  • Last Updated:

  • Address: 500 E Broadway Blvd, Jefferson City, TN 37760

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}