Muncie, IN - 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 at 1111 E. McGalliard Road, Muncie, Indiana. The tenant, Dutch Bros, has executed a brand-new 15-year lease with multiple 5-year extension options, demonstrating a strong long-term commitment to the site. 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. With an absolute NNN structure, there are zero landlord responsibilities, making this a truly passive investment opportunity for out-of-state or hands-off investors.

The property is strategically positioned along E. McGalliard Road (25,500 VPD) at a signalized intersection with N Broadway Avenue and Doctor M.L.K. Jr. Boulevard, three of Muncie’s busiest retail corridors. Dutch Bros benefits from exceptional visibility and direct access to the surrounding retail density anchored by Muncie Mall, McGalliard Mall Plaza, and Muncie Plaza. National tenants in the immediate trade area include Target, Kohl’s, TJ Maxx, Ulta, Dick’s Sporting Goods, Pet Supplies Plus, Best Buy, Rural King, Hobby Lobby, Staples, Panera Bread, McDonald’s, Taco Bell, Burger King, Mattress Firm, AMC Theatres, and Outback Steakhouse, among others. The 5-mile trade area is home to more than 78,000 residents, 42,000+ employees, and approximately 30,000 households, with an average household income of
$66,556. The strong demographics, coupled with the property’s prime location across from Muncie Mall and at the gateway to major retail nodes, create a highly attractive and stable investment opportunity in the growing Dutch Bros portfolio.