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New Dutch Bros | Main Retail Corridor | 15-Yr 705 N Dixie Blvd 950 SF Retail Building Radcliff, KY 40160 $3,655,756 CAD ($3,848.16 CAD/SF) 5.75% Cap Rate
Investment Highlights
- New Construction | Corporate Guarantee | 15-Year NNN | 10% Scheduled Rent Increases
- Walmart Supercenter Anchored Center | Primary Retail 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 Coffee investment property located in Radcliffe, Kentucky. The tenant, 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 a passive investor.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
950 SF
Building Class
C
Year Built
2025
Price
$3,655,756 CAD
Price Per SF
$3,848.16 CAD
Cap Rate
5.75%
NOI
$210,183 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
0.52 AC
Zoning
Commercial
Parking
11 Spaces (11.58 Spaces per 1,000 SF Leased)
Amenities
- Drive Thru
Fairly walkable
40/100
Exceptionally drivable
100/100
Not bikeable
10/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 160-10-01-013 | Improvements Assessment | $235,292 CAD |
| Land Assessment | $89,965 CAD | Total Assessment | $325,256 CAD |
Property Taxes
Parcel Number
160-10-01-013
Land Assessment
$89,965 CAD
Improvements Assessment
$235,292 CAD
Total Assessment
$325,256 CAD
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New Dutch Bros | Main Retail Corridor | 15-Yr | 705 N Dixie Blvd
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