NEW 15-YEAR ABSOLUTE NNN LEASE | ZERO LANDLORD RESPONSIBILITIES Dutch Bros will operate under a new 15-year Absolute NNN lease with zero landlord responsibilities and 10% contractual rent increases every five years. The lease also includes three 5-year renewal options, providing investors with long-term income security, predictable rental growth, and a truly passive ownership structure.
BRAND-NEW 2026 CONSTRUCTION | FEE-SIMPLE OWNERSHIP The Property features brand-new 2026 construction, providing investors with modern retail improvements and limited near-term capital expenditure requirements. The offering includes fee-simple ownership of both the land and building and is not a ground lease.
PUBLICLY TRADED DUTCH BROS GUARANTEE | NYSE: BROS The lease is guaranteed by Dutch Bros Coffee [NYSE: BROS], one of the nation’s fastest-growing drive-thru specialty coffee concepts with more than 1,000 locations nationwide. The rapidly expanding brand combines a high-volume drive-thru model with a strong customer following and growing national presence.
PREMIER SIGNALIZED HARD CORNER | FUTURE MATTEL WATERPARK ENTRANCE Strategically positioned at the signalized intersection of Route 50 and Ken Hayes Drive, the Property benefits from prominent visibility and exposure to approximately 23,800 vehicles per day. The site also sits at the main entrance to the planned Mattel Wonder Indoor Waterpark development, providing a meaningful future traffic generator and long-term development catalyst.
ABOVE-AVERAGE DUTCH BROS BUILDING SIZE | SIGNIFICANT TENANT INVESTMENT The Property features a ±1,279 SF Dutch Bros building, approximately 30% larger than the brand’s typical ±980 SF prototype. The larger format reflects a meaningful tenant investment in the location and provides additional operational functionality.
DOMINANT REGIONAL RETAIL CORRIDOR | NATIONAL TENANT SYNERGY The Property is surrounded by a dense concentration of national retailers and restaurants, including Walmart Supercenter, Target, Best Buy, Kohl’s, Dick’s Sporting Goods, Meijer, Lowe’s, Hobby Lobby, Starbucks, Chipotle, Five Guys, and Panera Bread. This established retail concentration generates substantial consumer draw and supports long-term tenant performance.