2108 State Street, New Albany, IN, 47150
Dutch Bros Coffee
Key Information
Highlights
• No Landlord Responsibilities – The absolute NNN lease structure makes this a truly passive investment
• Corporate Signed Lease – Corporately signed by Dutch Bros operating entity (NYSE: BROS)
• Rent Growth – 10.00% rental escalations every 5-years as a strong hedge against inflation
• Attractive Renewal Options – Includes Three, 5-year renewal options to extend the lease, allowing for a long-term flexibility and investment security
• Brand-New Construction – Build-to-suit for the tenant showing strong commitment to this market
• Louisville MSA – Over 1.3 million residents and is the 28th largest city in the United States
• Strong Demographics – Over 118,170 residents in a 5-mile radius seeing a 2.91% population growth through the 2030
• Affluent Suburb – The average household income in the 5-mile radius exceeds $78,459
• High Visibility & Access – Positioned along a well-trafficked corridor with strong daily vehicle counts exceeding 27,400 VPD
• Proximity to Major Retail & Healthcare – Surrounded by countless national credit tenants and a 248-bed hospital employing over 2,000 workers
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