New Dutch Bros Coffee Drive-Thru
$2,806,427
1114 West Seventh Street, Auburn, IN 46706
5.85
Cap Rate
164,176
NOI
Details:
Highlights:
- Brand New 15 Absolute NNN Lease
- Zero Landlord Responsibility | NOW OPEN!
- Prime Highway Access & Strong Visibility!!
- Just off the I-69 Exit Seeing 34,430 VPD
- On Main Thoroughfare Seeing 19,762 VPD
- 10% Rental Rate Increases Every 5 Years
- Three (5 Year) Options to Renew with 10% Increase at Each
- 5 Mile Population 27,181
- 1 Mile Average Household Income $70,263
- Strong Corporate Guaranty!
- Located in Retail Hub with Major Tenants Surrounding
Description:
Fortis Net Lease is pleased to present this brand new drive-thru Dutch Bros. Coffee located in Auburn, Indiana. 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 has completed construction & successfully opened for business in March 2026.
This Dutch Bros is located just off of the I-69 exit (34,430 cars per day) on the main thoroughfare (seeing 19,762 cars per day) into town. Situated in a retail hub, this site is nestled amongst major retailers such as Walmart, Aldi, Kroger, and many restaurants. It is located within 3 miles of major demand generators such as Parkview Health (750+ employees), James R. Watson Elementary (570+ students), Downtown Auburn, and the recently expanded Walmart Distribution Center (500+ employees), supporting a positive daytime population and consistent traffic. The 5 mile population from the site is 27,181. The 1 mile household income is $70,263. This area is also seeing a steady growth in population. This investment will offer a new owner continued success due to the strength and proven profitability of the tenant. List price reflects a 5.85% cap rate based on NOI of $164,176.00
Documents:
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Location
Gallery