316 Madison St, Oak Park, IL, 60302
Dutch Bros
Key Information
Highlights
Property Highlights
• Brand New Construction: Brand new 2026 construction. This will be Dutch Bros first location in all of Cook County.
• Long Term Passive Investment: Brand new 15 Year absolute NNN ground lease, with five (5) year extension options. The lease contains 10% rental increases every 5 years throughout the base term and option periods.
• Rare Suburb Infill & High Barriers to Entry: Located in a dense, mature submarket (~287,000 residents within 3 miles) with strong average household incomes (~$100k within 1 mile). Infill locations like this in Oak Park are extremely tight, making drive-thru real estate exceptionally rare. Dutch Bros was granted several zoning variances to accommodate their model
• The hard-to-obtain drive-thru entitlements and local zoning approvals make this site an irreplaceable, highly defensive piece of real estate
• High-Volume Traffic Corridor: Positioned on Madison Street, which sees over 35,900 vehicles per day, offering maximum visibility for morning commute routines. The site is directly adjacent to Percy Julian Middle School (approx. 0.1 miles away) and near Longfellow Elementary and Oak Park & River Forest High School.
• Purpose-Built Redevelopment: Demolition of the old building clears the way for a brand-new ~1,236 sq. ft. building featuring dual drive-thru lanes capable of stacking up to 13 vehicles, a bypass lane, a walk-up ordering window, and 14 surface parking spots.
• Corporately Guaranteed Lease: The lease is guaranteed by Dutch Bros parent company, which operates 1,000+ locations and is one of the fastest growing drive-thru beverage chains in the country.
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