Cincinnati, OH - 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, corporate guaranteed
(NYSE: BROS), new construction, Dutch Bros investment property located in Cincinnati, Ohio. The tenant, Dutch Bros Coffee, recently signed a 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, providing a hedge against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for a passive investor. This offering represents a rare opportunity to acquire a drive-thru pad leased to one of the nation’s fastest-growing coffee brands in a high-performing retail corridor. Dutch Bros is a nationally recognized QSR brand known for its unmatched drive-thru speed with 1,000+ locations.

The property is strategically positioned along Winton Road, a major retail corridor with over 31,100 vehicles per day and direct access to State Highway 126, which sees an additional 53,100 vehicles daily. The site benefits from outstanding visibility and traffic, located near the on/off ramps and adjacent to Brentwood Plaza, a high-performing retail center anchored by Kroger and drawing more than 3.4 million annual visits according to Placer.ai. Surrounding national retailers include Chick-fil-A, Panera Bread, Wendy’s, Bob Evans, Arby’s, and Dunkin’ Donuts, reinforcing the area’s strong consumer draw. Just 10 miles north of downtown Cincinnati, a metro area with more than 2.3 million people, the surrounding area boasts a strong tenant mix of national retailers and fast-food brands at a high-traffic location in one of North Cincinnati’s most active retail nodes. The 5-mile trade area is supported by a population of over 232,300 residents and 99,500 employees with an average household income of $107,375 within 1-mile of the site.