McKinney, TX - Dutch Bros

Description:

• Dutch Bros has over 12 years remaining on its initial 15-year term, with 6 (5-year) options to extend, demonstrating long-term commitment to the site
• The lease features 10% rental increases every 5 years during the initial
term and at the beginning of each option period, growing NOI and hedging against inflation
• The first rental increase occurs in March 2028, increasing NOI to $108,900
• The site offers an extra-large 1.30 acre lot, allowing for future development and long-term redevelopment opportunities

• Dutch Bros is positioned within a dense retail corridor anchored by national and credit tenants, including Costco, At Home, Petco, Hobby Lobby, Marshalls, Dave & Buster’s, and EOS Fitness
• The site benefits from excellent frontage and visibility along W. University Drive, which sees approximately +/- 70,000 vehicles per day
• Dutch Bros is part of a fully developed mixed-use center featuring a dynamic lineup of national, credit tenants, including CAVA, Dave’s Hot Chicken, Einstein Bros Bagels, Cold Stone Creamery, Crumbl, Panera, Taco Bell, and more

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Listing ID: a28TP000000UmOzYAK