Louisville, KY - 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 Louisville, KY. The tenant, Dutch Bros is signing a 15 year lease with 3 (5-year) options to extend, showing their longterm vision for the property. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for an out of state investor.

The Dutch Bros Coffee is located near the signalized intersection of Taylorsville Rd and Hurstbourne Pkwy, two primary retail arterials in Louisville with a combined traffic count of over 96,000 VPD. Taylorsville Rd serves as one of the city’s major commercial corridors, providing direct access to a dense retail and residential population. The Dutch Bros is positioned as an out-parcel to a bustling retail node that includes national credit tenants such as Target, Kroger, and Home Depot, and The asset benefits from direct proximity to major shopping centers, including the Jeffersontown Commons, which features additional anchors such as Big Lots and Dollar Tree, and is also near the Stonybrook Shopping Center, anchored by Starbucks and Verizon. Dutch Bros is situated in the heart of a primary Louisville retail corridor, with other nearby national credit tenants including Chick-fil-A, Whistle Car Wash, McDonald, and AutoZone, further increasing daily consumer traffic to the location. Additionally, the property is less than 2 miles from the Norton Women’s & Children’s Hospital, part of the larger Norton Healthcare network, a major employer and medical services provider in the region. The 5-mile trade area is supported by a strong population of 222,897 residents with an average household income of $109,409, reflecting a stable and growing suburban demographic.