Contacts

Tyson Glasser

Trinity Partners - Columbia

Property Details

Property Type Retail - Street Retail
Property Size 950 SF
Year Built 2026
Date Updated May 15, 2026

The Property is located a few minutes off I-85 and I-385, 15 minutes from Greenville-Spartanburg International Airport, and 20 minutes from downtown Greenville. Mauldin is consistently ranked among the fastest-growing cities in South Carolina, benefiting from its position within the Upstate and the region’s robust economic expansion.Trinity Partners is proud to serve as exclusive advisor to ownership and offer the marketplace this net lease retail investment opportunity in the Greenville SC MSA. Dutch Bros is a rapidly expanding leader in the drive-thru beverage sector with over 1,200 locations across the U.S. and is projected to hit 2,000 stores in the next 4 years. The Property is developed along one of the highest traffic corridors in the Upstate (47,600+ VPD) at a high-profile signalized intersection. The site includes a 950 SF building with double drive-thru lanes, 10 total parking spaces, and multiple access points. The 15-year NNN lease commenced in March 2026, features a corporate guaranty, 10% rent bumps every 5 years, multiple 5-year renewal options, and ZERO landlord responsibilities.

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Highlights

AFFLUENT DEMOGRAPHICS: $122,700 average HH income and $88,200 median HH income within a 5-mile radius
CREDIT TENANT / CORPORATE GUARANTY: Dutch Bros, Inc. (NYSE: BROS) reported total revenues of $1.64B in 2025 with a 2026 projection of $2B
DENSE RESIDENTIAL BASE: Over 58,200 households and 137,700 residents within a 5-mile radius
DYNAMIC GROWTH REGION: Anchored by Greenville, Spartanburg, and Anderson, the Upstate is a 10-county region with 1.6+ million residents, 580 international companies, and a net migration of more than 80 people each day
HIGH TRAFFIC CORRIDOR: Traffic Counts of 47,600+ VPD directly in front of the property
LONG-TERM NET LEASE: 15-year absolute NNN lease with 3 renewal options of 5 years each and ZERO landlord responsibility
NATIONAL BRAND: 1,200+ locations across 25 states (2,029 projected by 2029) with average unit sales volume of $2.1M
NEW CONSTRUCTION: Project broke ground in October 2025 and was completed in March 2026
RECORD 2025 RESULTS: 28% revenue growth over 2024 and 19 consecutive years of positive same-shop sales growth
RENTAL UPSIDE: 10% rent bumps every 5 years including option periods
STRONG TRADE AREA: Immediate trade area consists of 1.4 million SF of retail space that is 99.3% leased