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Dutch Bros | Drive-Thru Equipped | Abs NNN 5187 Ashley Phosphate Rd 950 SF Retail Building North Charleston, SC 29418 $4,385,981 CAD ($4,616.82 CAD/SF) 5.15% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Corporate Tenant (NYSE: BROS) | Brand New 15-Year Lease | Scheduled 10% Rental Increases | 2025 Construction
  • Entertainment-Focused Redevelopment | Festival Centre (1.7M Annual Visitors)
  • Established Retail Corridor | Proximity To Joint Base Charleston
  • Absolute NNN Lease Structure | Zero Landlord Responsibilities
  • Direct Residential Consumer Base | Strong Demographics
  • Signalized, Hard Corner Intersection | Excellent Visibility & Access

EXECUTIVE SUMMARY

SRS Real Estate Partners is pleased to offer the fee simple interest in a brand-new Dutch Bros Coffee property in Charleston, SC. The tenant, Boersma Bros. LLC, managed by Dutch Mafia LLC under Dutch Bros Inc. (NYSE: BROS), recently signed a 15-year lease with three (3) five-year renewal options. Dutch Bros, one of the nation’s fastest-growing QSR brands with 1,000+ locations and $1.28B in 2024 revenue, provides secure tenancy. The lease includes 10% rent increases every five years, driving NOI growth and hedging against inflation. Built in 2025 with high-quality finishes, the property requires minimal landlord oversight under an absolute NNN structure, offering a true passive investment.

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
950 SF
Building Class
B
Year Built
2025
Construction Status
Under Construction
Price
$4,385,981 CAD
Price Per SF
$4,616.82 CAD
Cap Rate
5.15%
NOI
$225,881 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
0.62 AC
Zoning
B-2 - General Business District - City of North Charleston
Parking
13 Spaces
Frontage
136’ on County Road S-18-62

AMENITIES

  • Corner Lot
  • Pylon Sign
  • Restaurant
  • Drive Thru

NEARBY MAJOR RETAILERS

Bank of America
Planet Fitness
Biggby Coffee
REV Federal Credit Union
SouthState Bank
United Bank
Zaxby's
Cook Out
Publix
Waffle House

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
181-00-00-088
Land Assessment
$386,174 CAD
Improvements Assessment
$1,317,499 CAD
Total Assessment
$1,703,673 CAD
  • Listing ID: 38392328

  • Date on Market: 2025-11-10

  • Last Updated:

  • Address: 5187 Ashley Phosphate Rd, North Charleston, SC 29418

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