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Dutch Bros (3,723 SF Building)

$2,887,000

118 Pinnacle Street, Clemson, SC 29631

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.

Map:
Documents:
Title
DutchBros_ClemsonSC.pdf
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Location
Gallery