Long Term NNN Corporate Dutch Bros 2633 Nacogdoches Rd

Investment Highlights

Long Term 15 Year Lease 10% increases every 5 years 2023 Construction with a Double Drive-Thru Absolute NNN Lease- zero landlord responsibilities Corporate Guaranty Dutch Bros had revenue of $913.48M in the twelve months ending September 30, 2023, with 34.88% growth year-over-year

Executive Summary

INVESTMENT HIGHLIGHTS? Long Term 15 Year Lease? Absolute NNN Lease- zero landlord responsibilities? 10% increases every 5 years? Corporate GuarantyTENANT HIGHLIGHTS? More than 835 locations in 17 states? Dutch Bros had revenue of $913.48M in the twelve months ending September 30, 2023, with 34.88% growth year-over-year.? Dutch Bro?s plan is to operate 1,000 U.S. locations by 2025 (Source)? www.dutchbros.com? Market Cap of $5.02 BillionLOCATION HIGHLIGHTS? 2023 Construction with a Double Drive-Thru? Located just off the I-410 Freeway (?210,187 VPD)? Less than 2 miles from San Antonio International Airport? Down the street from MacArthur High School (2,122 students)? Strong average household incomes over $98,000 in a 3 mile radius

• Sale Type    Investment NNN
• Property Type    Retail
• Property Subtype    Fast Food
• Building Size    950
• Building Class    B
• Year Built    2023
• Price    2,228,571
• Price Per SF    2,346
• Cap Rate    5.25
• NOI    117,000
• Tenancy    Single
• Building Height    1 Story
• Building FAR    0.04
• Land Acres    0.61 AC

• Pylon Sign
• Drive Thru