Dutch Bros Coffee | Brand New 15 Yr Abs NNN Lease

The Snyder Carlton National Net Lease Team is pleased to present an excellent opportunity to purchase a Dutch Bros Coffee in Panama City, FL. The rapidly growing and publicly traded (NYSE: BROS) drive-thru coffee chain currently operates 1,045 locations across 20 states and territories and is on track to reach 2,029 locations by 2029. With a brand-new 15-year absolute NNN lease, three 5-year option periods, 10% rent increases every 5 years, and a corporate guaranty, this asset is ideal for an investor seeking long-term, passive cash flows. 
The new-construction 950 SF building with a double drive-thru on a 0.7-acre parcel is located on Florida State Road 77 (Martin Luther King Jr Blvd), which sees over 27,100 VPD, and is positioned within Panama City’s busiest retail corridor, creating excellent cross-shopping synergies. Nearby retailers include The Home Depot, Lowe’s Home Improvement, Walmart Supercenter, Target, Publix, Hobby Lobby, Kohl’s, Burlington, Bealls, Academy Sports + Outdoors, McDonald’s, Chick-fil-A, Panera Bread, Starbucks, and more.
This is a great opportunity to acquire an absolute triple-net-leased coffee shop in the Florida Panhandle on a long-term lease with strong rent increases, zero landlord responsibilities, and strong tenant credit growth potential, providing inflation-resistant income for years to come.

Available