Dutch Bros Net Lease – Florida Retail Investment
Description
This Dutch Bros Net Lease property offers a rare opportunity to acquire a brand-new, single-tenant retail asset in Florida. The building features a 15-year corporate-guaranteed lease with Dutch Bros Coffee, one of the fastest-growing quick-service brands in the U.S. Built in 2025, this modern facility provides investors with stable, long-term income and zero management responsibilities under an absolute NNN structure.
Lease & Financial Overview
- Lease Type: Absolute NNN (no landlord responsibilities)
- Lease Term: 15 years (commencing 11/01/2025, expiring 11/01/2040)
- Rent Increases: 10% every 5 years
- Cap Rate: 5.00%
- NOI: $169,980 annually
- Ownership: Fee Simple
- Lease Options: Three (3) additional 5-year extensions
Property Details
- Property Type: Retail (QSR/Fast Food)
- Building Size: 950 SF
- Lot Size: 0.88 acres
- Year Built: 2025
- Zoning: Commercial
- Parking: 19 spaces
- Investment Class: A
Investment Highlights
- Brand-new 15-year lease with corporate guarantee
- Absolute NNN structure with no landlord obligations
- Scheduled 10% rent escalations every 5 years
- Strong tenant: Dutch Bros Coffee, a credit-rated national brand
- Fee simple ownership in a state with no income tax
- High-traffic retail corridor with several nearby retailers and new developments
- Growing trade area with consistent population and consumer demand
Market & Location
Situated along Tamiami Trail in Florida, this property benefits from strong visibility and a robust retail environment. The surrounding trade area continues to expand, driven by steady annual population growth and new commercial developments that enhance consumer traffic and tenant stability.
Address
-
Address North Port, FL
-
Country United States
-
Province/State Florida
-
City/Town North Port
Overview
- Property ID 14274
- Price $3,399,600.00
- Property Type Business, Retail
- Property status Sale
- Year Built 2025
- Size 950 SqFt
- Sub Type QSR/Fast Food
- Investment Type Net Lease
- Class A
- Lease Type Absolute NNN
- Tenant Credit Credit Rated, Corporate Guarantee
- Tenancy Single
- Brand/Tenant Dutch Bros. Coffee
- Lease Term 15 years
- Lease Commencement 11/01/2025
- Lease Expiration 11/01/2040
- Remaining Term 15 years
- Cap Rate 5.00%
- NOI $169,980
- Zoning Commercial
- Lot Size (acres) 0.88
- Parking (spaces) 19
- Rent Bumps 10% Every 5 Years
- Lease Options 3 (5-Year)
- Ownership Fee Simple
