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Dutch Bros 514-516 N Belt Hwy 950 SF Retail Building Saint Joseph, MO 64506 $3,906,988 CAD ($4,112.62 CAD/SF) 5.60% Cap Rate

INVESTMENT HIGHLIGHTS
- Absolute NNN Lease
- Long Term 15 Year Primary Lease
- Market Cap of $9.1 billion
- Brand New Construction
- 10% increases every 5 years
- ±2 miles from Missouri Western State University (±3,800 students)
EXECUTIVE SUMMARY
Cushman & Wakefield is pleased to present the opportunity to acquire an absolute NNN lease investment tenanted by Dutch Bros. Coffee, one of the fastest-growing drive-thru beverage brands in the United States. The property is secured by a corporate-guaranteed lease and offers investors a highly passive income stream with zero landlord responsibilities and long-term contractual rent growth.
Founded in 1992, Dutch Bros has rapidly expanded to over 1,080 locations across 24 states, supported by a loyal customer base and a high-volume, drive-thru–focused operating model. The company has articulated an aggressive long-term growth strategy targeting 2,000+ locations by 2029, with a total U.S. market opportunity exceeding 7,000 potential stores. Dutch Bros is publicly traded on the NYSE under the ticker BROS and reported 2025 revenue guidance of approximately $1.61–$1.615 billion, underscoring the brand’s strong unit economics and national momentum.
The property is strategically located along Belt Highway, a primary north–south arterial and major traffic corridor in St. Joseph, Missouri, providing excellent visibility and accessibility. The surrounding trade area is supported by solid residential density, average household incomes exceeding $83,000 within a five-mile radius, and proximity to Missouri Western State University, located approximately two miles from the site.
This offering represents an opportunity to acquire a new-construction Dutch Bros investment with long-term absolute NNN structure, strong brand fundamentals, and real estate positioned for durable cash flow and long-term value.
Founded in 1992, Dutch Bros has rapidly expanded to over 1,080 locations across 24 states, supported by a loyal customer base and a high-volume, drive-thru–focused operating model. The company has articulated an aggressive long-term growth strategy targeting 2,000+ locations by 2029, with a total U.S. market opportunity exceeding 7,000 potential stores. Dutch Bros is publicly traded on the NYSE under the ticker BROS and reported 2025 revenue guidance of approximately $1.61–$1.615 billion, underscoring the brand’s strong unit economics and national momentum.
The property is strategically located along Belt Highway, a primary north–south arterial and major traffic corridor in St. Joseph, Missouri, providing excellent visibility and accessibility. The surrounding trade area is supported by solid residential density, average household incomes exceeding $83,000 within a five-mile radius, and proximity to Missouri Western State University, located approximately two miles from the site.
This offering represents an opportunity to acquire a new-construction Dutch Bros investment with long-term absolute NNN structure, strong brand fundamentals, and real estate positioned for durable cash flow and long-term value.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
950 SF
Building Class
C
Year Built
2026
Price
$3,906,988 CAD
Price Per SF
$4,112.62 CAD
Cap Rate
5.60%
NOI
$218,723 CAD
Tenancy
Single
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
0.04
Lot Size
0.53 AC
Zoning
Commercial
AMENITIES
- Restaurant
- Drive Thru
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 06-1.0-11-002-000-039.000 | Improvements Assessment | $96,847 CAD |
| Land Assessment | $45,923 CAD | Total Assessment | $142,769 CAD |
PROPERTY TAXES
Parcel Number
06-1.0-11-002-000-039.000
Land Assessment
$45,923 CAD
Improvements Assessment
$96,847 CAD
Total Assessment
$142,769 CAD
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Dutch Bros | 514-516 N Belt Hwy
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