Terre Haute, IN - Dutch Bros
$2,765,000
583 S. 3rd Street, Terre Haute, IN 47807
5.7
Cap Rate
157,593
NOI
Details:
Description:
• Tenant recently signed a brand new 15-year lease
• Lease provides 10% rental increases every five years throughout the term
• Dutch Bros operates 1,266+ drive-thru coffee shops across 27 states, with Q2 2026 revenue up 32.5% year-over-year and 5.8% systemwide same-shop sales growth
• Located along S. 3rd Street / U.S. Highway 41 (30,500 VPD), Terre Haute’s primary north-south thoroughfare, just south of the signalized intersection with Oak Street
• Outparcel to the Quality Inn within the S. 3rd Street hotel cluster (Travelodge, Rodeway Inn, Hilton Garden Inn, Candlewood Suites), adjacent to the Vigo County Annex Building and less than a half mile from the Vigo County Courthouse and downtown Terre Haute
• Surrounded by national and credit tenants including McDonald’s, Rally’s, Denny’s, Subway, Marathon, Fifth Third Bank, Anytime Fitness, Goodwill, NAPA Auto Parts, Walgreens, Circle K and Hardee’s
• Minutes from the Towne South Plaza / Haute City Center retail node on U.S. 41 featuring T.J. Maxx, Ross, Best Buy, PetSmart, Five Below, Burlington, Staples, Ulta, AMC Theatres, Planet Fitness and Ollie’s
• Nearby demand generators include Union Hospital (341 beds), the U.S. Department of Defense, CenterPoint Energy, Octapharma Plasma, Fastenal Fulfillment Center, RiverFront Lofts (168 units) and Sycamore Place Apartments (168 units)
Location
Gallery