New Dutch Bros | Rare 1,268 SF bldg | Grand Open Fall 2026 | 5.85% Cap

Highlights:

• Brand New Construction, Dual Drive-Thru Dutch Bros Property
• Dutch Bros (NYSE: BROS): 3rd Largest QSR Coffee Company in U.S.
• Fee Simple Interest: Land & Building Ownership / Rare 1,268 Square Foot Building
• Approx. 1.0 Acre Parcel at Hard Corner / near Intersection of Interstate 74 (47,300 VPD) and University St
• Long Term Corporate 15 Year Lease with 10% Rental Increases
• Absolute NNN Lease: Ultimate Ease of Management for Investor
• Strategic Position: Walmart, Northwoods Mall & Glen Hollow
• Peoria: Major Central Illinois Healthcare & Employment Hub / 1.7M+ Regional Population
• Better Brand Average Sales Volumes vs Coffee QSR Brands

Description:

Illinois Broker of Record: Michael Schertler License No. 471011764
Faris Lee Investments is pleased to present the opportunity to acquire a brand-new, dual drive-thru Dutch Bros Coffee (NYSE: BROS) property in Illinois. The property is secured by a 15-year corporate Absolute NNN lease featuring 10% rental increases every five years, providing investors with a passive, inflation-hedged income stream and zero landlord responsibilities. The offering includes fee simple ownership of an approximately 1.0-acre parcel and 1,268-square-foot building, strategically positioned on a hard corner near Interstate 74 (47,300 VPD) with frontage along University Street, providing excellent access and exposure along one of Peoria’s primary commercial corridors. The site is positioned within Peoria’s primary retail trade area, adjacent to Walmart and University Plaza, and nearby the Northwoods Mall and Glen Hollow Shopping Center. The property is further supported by two major hospitals, Bradley University and local high schools. Peoria serves as the regional economic, healthcare and retail hub for a 30-county Central Illinois trade area encompassing more than 1.7 million residents. This QSR Coffee asset represents an ideal opportunity for a passive or 1031 exchange investor seeking a brand-new, corporate-leased investment property with fixed rent growth, fee simple land and building ownership, strong underlying real estate fundamentals, and zero landlord responsibilities within an established Midwest market.

Southeast corner of North University Street and War Memorial Drive, near the Interstate 74 / US-150 interchange in Peoria’s primary retail trade area.

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