Investment Highlights
Corporate Guaranty
Brand-New 15-Year Lease
2023 Construction
Established Tenant
Absolute NNN
Decatur, AL | Great Demographics
Executive Summary
Northmarq Commercial is pleased to offer to qualified investors a single-tenant retail property, 100% leased to Dutch Bros, located in Decatur, AL (the ?Property?). The Property consists of a ?950 SF building on ? 0.56 acres of land. Dutch Bros opened in August 2023 and is operating under a brand new fifteen (15) year lease with three (3), five (5) year renewal options and 10% rental increases every five (5) years during the lease term and options.Dutch Bros Inc recently went public (BROS) on 9/15/2021. The IPO raised nearly $500 million with a market value of approximately $6.1 billion. In 2023, total revenue grew by 34.88% to $913.48 million compared to $739 million in 2022. The company expanded by opening a total of 159 new shops in 2023 and expects to open approximately 150 to 165 more in 2024. In Association with Ryan Butler, AL License #000101183.
