Dutch Bros Adj. to University of Illinois 809 W Green St 1 043 pi² Commerce de détail Immeuble Urbana, IL 61801 4 236 606 $ CAD (4 061,94 $ CAD/pi²) 5,50% Taux de capitalisation

ILLINOIS BROKER OF RECORD...MICHAEL SCHERTLER....License No. 471011764
Faris Lee Investments is pleased to present the rare opportunity to acquire a brand-new, fee simple, drive-thru Dutch Bros adjacent to the University of Illinois. The property boasts excellent positioning at the intersection of Lincoln Avenue and Green Street, convenient to University destinations and the primary east-west thoroughfare for ‘Campustown’. Expected to open for business in 4Q25, this new construction, build-to-suit Dutch Bros will feature two drive-thru lanes and a walk-up window to satisfy heavy student & vehicle traffic. This QSR Coffee investment property is secured by a 15-year corporate lease (Boersma Bros LLC) with 10% rental increases every 5 years and multiple renewal options, providing investors with a long-term, inflation-hedged income stream. The long-term Absolute NNN lease has zero landlord responsibilities, making the offering ideal for a passive or out-of-state investor looking for a management-free, corporate-leased QSR asset.
The subject property is immediately surrounded by the University of Illinois, its academic facilities, and student housing complexes. The University now has over 59,000 students; approximately 50% of undergraduate students live on-campus, proximate to this brand-new Dutch Bros location. The campus is located within the Champaign-Urbana metro, which is located approximately 2.5 hours south of Chicago, and has approximately 236,000 residents. This offering combines fee simple ownership, brand-new construction, zero landlord responsibilities, and a corporate QSR tenant creating an exceptional opportunity for investors seeking a stable income stream in a premier university market.