Dutch Bros Adj. to University of Illinois

Highlights:

• Brand New Corporate Dutch Bros adjacent to University of Illinois
• University of Illinois: #9 Public University in the U.S. with 59,000+ students
• Grand Opening Expected 4Q25 | Brand New BTS Construction
• Dual Drive-Thru Lanes: two drive-thru lanes & walk-up window to handle immense traffic and customer demand
• Rare hard corner parcel adjacent to major public university / campus entrance
• Situated at 4-way intersection with Green Street, the major east-west traffic corridor connecting a majority of the on-campus restaurants, retail, and housing
• Top University destinations within 1-10 minute walk: Main Quad, Undergraduate Admissions, Engineering Sciences, Mathematics Library, Health Sciences Library, student grocery store, and more
• Long Term 15 Year Lease with multiple renewal options
• 10% Rental Increases every 5 years
• Absolute NNN Lease: ultimate ease of management for investor
• Fee Simple Interest: Land & Building ownership
• Dutch Bros transactions & brand awareness surged in 2Q25 (QSR Magazine)
• Dutch Bros (NYSE: BROS): 3rd largest QSR Coffee Company in U.S.

Description:

ILLINOIS BROKER OF RECORD...MICHAEL SCHERTLER....License No. 471011764

Faris Lee Investments is pleased to present the rare opportunity to acquire a brand-new, fee simple, drive-thru Dutch Bros adjacent to the University of Illinois. The property boasts excellent positioning at the intersection of Lincoln Avenue and Green Street, convenient to University destinations and the primary east-west thoroughfare for ‘Campustown’. Expected to open for business in 4Q25, this new construction, build-to-suit Dutch Bros will feature two drive-thru lanes and a walk-up window to satisfy heavy student & vehicle traffic. This QSR Coffee investment property is secured by a 15-year corporate lease (Boersma Bros LLC) with 10% rental increases every 5 years and multiple renewal options, providing investors with a long-term, inflation-hedged income stream. The long-term Absolute NNN lease has zero landlord responsibilities, making the offering ideal for a passive or out-of-state investor looking for a management-free, corporate-leased QSR asset.

The subject property is immediately surrounded by the University of Illinois, its academic facilities, and student housing complexes. The University now has over 59,000 students; approximately 50% of undergraduate students live on-campus, proximate to this brand-new Dutch Bros location. The campus is located within the Champaign-Urbana metro, which is located approximately 2.5 hours south of Chicago, and has approximately 236,000 residents. This offering combines fee simple ownership, brand-new construction, zero landlord responsibilities, and a corporate QSR tenant creating an exceptional opportunity for investors seeking a stable income stream in a premier university market.

Urbana, Illinois, is a dynamic and diverse city situated in east-central Illinois, forming part of the larger Champaign-Urbana metropolitan area. It is the county seat of Champaign County and offers a blend of small-town charm and the energy of a university town, largely due to the presence of the University of Illinois at Urbana-Champaign (UIUC), one of the nation’s top public research universities. The university has a significant influence on the local economy, culture, and infrastructure, with many businesses and services catering to students, faculty, and staff.
The city’s downtown area is a hub of activity, featuring a mix of historic buildings, locally-owned shops, and a variety of dining options. Urbana’s Market at the Square, a well-known farmers’ market, provides fresh, local produce and artisan goods, reflecting the community’s commitment to sustainability and local agriculture. Urbana also has a rich cultural scene, with institutions like the Urbana Sweetcorn Festival and the Urbana Civic Arts Center offering arts and entertainment to residents and visitors alike.
Urbana is also known for its strong emphasis on education, with a number of public schools, as well as the Illinois High School Association’s (IHSA) involvement in the city. The Urbana School District provides a mix of public education options, with several elementary schools, middle schools, and Urbana High School, which is also a focal point of the community.
In terms of green spaces, Urbana offers several parks and outdoor areas such as Urbana’s Crystal Lake Park, which is a favorite for recreation with a large lake, trails, and sports fields. Additionally, the city is home to a number of public libraries and community centers, enhancing its appeal as a family-friendly and welcoming destination. Transportation is convenient, with access to major highways and public transit services like the Champaign-Urbana Mass Transit District (CUMTD), which makes commuting and getting around the region relatively easy. With its mix of academic influence, cultural richness, and community spirit, Urbana is an ideal place to live for students, professionals, and families looking for a lively, engaged, and well-connected environment.