Dutch Bros (3,723 SF Building)
$2,887,000
118 Pinnacle Street, Clemson, SC 29631
For Sale
Retail
Free Standing
Active
Last Updated: 06/05/2026
4.85
Cap Rate
140,000
NOI
Details:
Cap Rate: 4.85%
NOI: $140,000
Building Size: 3,723 sqft
Lot Area: 0.96 acres
Lease Type: Ground
Year Built: 2006
Tenancy: Single
Year Last Renovated: 2026
Highlights:
- 15-year absolute NNN corporate ground lease commenced April 2026 with zero landlord maintenance or expense responsibilities
- Corporate lease signed by Boersma Bros, LLC, the founding family entity affiliated with Dutch Bros’ corporate leadership
- The .96-acre site has a 3,723 SF double drive-thru building, renovated in 2026
- 10% rent increases every five years throughout the base term and options
- Four (4), 5-year renewal options providing a potential 35-year total lease term
- Publicly traded (NYSE: BROS) drive-thru coffee chain with record 2025 revenue of $1.64 billion, a 27.9% increase year-over-year
- Frontage on U.S. 123 (Tiger Blvd), Clemson’s primary east-west arterial, with regional connectivity to I-85
Description:
15-year absolute NNN corporate ground lease with zero landlord maintenance or expense responsibilities. Positioned in the core Clemson University trade area, steps from approximately 30,000 students and a dense national retail corridor along U.S. 123 (Tiger Boulevard).
Tiger Boulevard and Pinnacle Street commercial corridor — one of Clemson’s highest-traffic retail nodes — benefits from the sustained traffic generated by Clemson University and Clemson Memorial Stadium, an 81,500-seat venue averaging approximately 79,000 fans per game in 2025.
Documents:
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DutchBros_ClemsonSC.pdf
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Location
Gallery