Amelia, OH - Dutch Bros

Description:

SRS National Net Lease Group, LP is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN leased, Dutch Bros investment property located in Amelia, Ohio. The tenant, Boersma Bros. LLC (dba Dutch Bros) recently signed a brand new 15 year lease with 3 (5-year) options to extend, demonstrating their commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for an out of state investor.

The Dutch Bros is located near the signalized, hard corner intersection of Ohio Pike/State Highway 125 and Amelia-Olive Branch Road with a combined (44,100 VPD). Ohio Pike/State Highway 125 is the major retail thoroughfare serving the Village of Amelia and eastern Clermont County. The Dutch Bros is a freestanding, fee simple parcel positioned directly alongside ALDI and AutoZone, with dedicated access from both Ohio Pike and Wolfer Drive. The asset is across from a Kroger-anchored center that also features national/credit tenants including Anytime Fitness, Five Below, Petco and Wendy’s and Little Caesars pads. In addition, Dutch Bros is a short drive from a Walmart Supercenter-anchored node featuring Tractor Supply Co., Dollar Tree, Bob Evans and Waffle House. The property is in the center of a primary retail corridor with other nearby national/credit tenants including Walgreens, CVS Pharmacy, Chase Bank, Dollar General, Tire Discounters, O’Reilly Auto Parts, Republic Theatres, McDonald’s, and more, further increasing consumer traffic to the site. The subject property is in close proximity to downtown Cincinnati, located 19 miles west of the site. The 5-mile trade area is supported by a population of over 80,000 with an average household income of over $107,000.

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Listing ID: a28TP000003Et9NYAS