Orlando, FL - Dutch Bros

Description:

• The tenant recently signed a brand new 15-year lease with 3 (5-year) options to extend, demonstrating their 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
• Dutch Bros is the third largest coffee chain in the US with over 1,040 locations throughout 18 states and a long-term goal of hitting 4,000+ stores
• 2025 construction which features high quality materials, distinct design elements, and high-level finishes

• Dutch Bros is strategically fronting Goldenrod Road
• Across the street from Goldenrod Marketplace (4.7M visitors annually), a Walmart Supercenter and Marshall’s-anchored community shopping center
• Goldenrod Marketplace ranks in the 90th percentile (651 out of 7,179) of all community shopping centers nationwide via Placer.ai
• Just North of Orlando/MCO airport, which In the 2024 J.D. Power North America Airport Satisfaction Study, ranked 8th overall in the “Mega Airport” category
• MCO was the 9th busiest airport in the US in 2024
• The site is located off several major Orlando retail and commuter thoroughfares, allowing for maximum consumer exposure to the site

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Listing ID: a28TP000001L6UrYAK