Greenville, SC - Dutch Bros

Description:

SRS National Net Lease 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 Greenville, SC. The tenant, Dutch Bros, executed a 15-year lease with 3 (5-year) extension options, demonstrating their long-term commitment to this location. The lease features 10% rental increases every five years throughout the initial term and at the beginning of each option period, providing consistent NOI growth and a hedge against inflation. The lease is structured as absolute NNN with zero landlord responsibilities, making it an ideal, management-free investment opportunity for an out-of-state or passive investor.

The Dutch Bros Coffee is strategically positioned along N. Pleasantburg Drive (37,100 VPD), a highly trafficked retail corridor in Greenville. The property benefits from strong co-tenancy and proximity to major national retailers including Lowe’s, ALDI, The Home Depot, Hobby Lobby, Burlington, Staples, Petco, and Goodwill. Additionally, Dutch Bros is located near Cherrydale Point, a power center anchored by T.J. Maxx, Ross, Ingles, Old Navy, Crunch Fitness, Hibbett, Pet Supermarket, and Shoe Carnival, further reinforcing the site as a retail destination. The site is also supported by surrounding convenience and necessity-based retailers including O’Reilly Auto Parts, The Rim Doctor, Advance Auto Parts, and Public Storage, as well as neighborhood-serving centers such as Field Plaza Shopping Center, home to The Dream Center and other community-focused uses. This strong mix of daily-needs retailers and established national brands ensures consistent consumer traffic and enhances the long-term stability of the location.