Dutch Bros

Lease & Location Highlights

• 2026 built-to-suit construction for Dutch Bros
• 15 year Absolute NNN lease with 10% increases every 5 years & in options
• Subject property has an oversized .81 acre lot, significantly larger than the average drive through coffee footprint
• Strong traffic counts with the intersection of Raleigh Rd Pkwy & Forest Hills Rd W seeing over 54,000 vehicles daily
• Subject property is 45 miles away from Raleigh
• 5.5% annual population growth since 2020
• 5 mile population in excess of 53,968 residents
• Nearby national tenants include Lowe’s, Walmart Supercenter, Target, Best Buy, Hobby Lobby, Big Lots, Panda Express, Dollar General, and many more
• Extremely strong corporately guaranteed lease

Tenant Highlights

• Dutch Bros has over 1,279 locations with a publicly stated goal of reaching 2,029 units by 2029 and over 4000 long term
• Dutch Bros is a publicly traded company (NYSE: BROS) and had revenue of $1.64 billion in 2025, which was a 28% increase from the previous year
• Dutch Bros average unit volume is over $2 million annually