Brand New Dutch Bros Coffee Drive-Thru
$2,740,764
2905 Main Street, Newberry, SC 29108
5.5
Cap Rate
150,742
NOI
Details:
Highlights:
- 15 Absolute NNN Lease | Zero Landlord Responsibility
- Signalized Corner | Easy Access to Hwy 76 Bypass (16,585 ADTC)
- On Main Retail Thoroughfare | Surrounded by National Retails & Homes
- 10% Rental Rate Increases Every 5 Years
- Anchored by Lowes & Across the Street from Walmart
- Three (5 Year) Options to Renew with 10% Increase at Each
- Site Sees 9,007 Cars Per Day
- 10 Mile Population 25,606 & Growing
- 3 Mile Average Household Income $65,047
- Strong Corporate Guaranty
- Opening Soon with August 2026 Rent Start!
Description:
Fortis Net Lease is pleased to present this brand new drive-thru Dutch Bros. Coffee located in Newberry, South Carolina. Dutch Bros is a rapidly expanding tenant with goals of reaching 2,029 stores by 2029 as well as annual revenue growth of 20%. This 15 year Absolute NNN Lease provides a 10% rent increase every 5 years including at each of the 3 (5 year) options. The lease also features a strong corporate guaranty. The store is nearing completion with opening & rent start in August 2026.
This Dutch Bros is located off the signalized corner of Heritage Drive & Main Street, seeing 9,007 cars per day, with quick access to busy US-76 Bypass (Wilson Road), seeing 16,585 cars per day. It is anchored by Lowes and directly across from Walmart. It is nestled amongst national retailers in a retail hub and also surrounded by residential homes. The 10 mile population from the site is 25,606. The 3 mile household income is $65,047. This investment will offer a new owner continued success due to the strength and proven profitability of the tenant. List price reflects a 5.50% cap rate based on NOI of $150,742.
Documents:
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| Offering Memorandum |
Location
Gallery