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Dutch Bros | New 15yr Corp Abs NNN 10605 Broad River Rd 1,082 SF Retail Building Irmo, SC 29063 $2,867,000 ($2,649.72/SF) 5.45% Cap Rate

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Investment Highlights

Brand New 15-Year Absolute NNN | 10% Increases Every 5 Years
Dense Retail Corridor | Frontage to 21,400 VPD

Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
Affluent, Growing Columbia MSA Suburb

Executive Summary

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN leased, Dutch Bros investment property located in Irmo, South Carolina. The tenant, Boersma Bros. LLC (dba Dutch Bros) recently signed a brand new 15 year lease, with 3 (5-year) options to extend, demonstrating their commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for an out of state investor.