Brand New Dutch Bros | Lake Elsinore, CA 16750 Lakeshore Dr 950 SF Retail Building Lake Elsinore, CA 92530 $2,631,579 ($2,770.08/SF) 4.75% Cap Rate

NNN Deal is pleased to present a brand new 15-year NNN ground lease Dutch Bros opportunity in Southern California. With a recently commenced lease as of Dec 31st 2025, the brand new, state-of-the-art 2025 construction features a large double-stack drive-thru, designed to accommodate high customer volume and maximize efficiency. The absolute NNN ground lease offers zero landlord responsibilities, providing investors with a truly passive, hands-off ownership experience. Dutch Bros (NYSE:BROS), one of the fastest-growing brands in the quick-service beverage industry, now operates over 1,045 locations across 23 states, supported by a strong corporate guarantee. The property is located in the rapidly growing So Cal market of Lake Elsinore, a city experiencing tremendous population growth, new residential and commercial development, and ongoing infrastructure expansion. The site is strategically positioned, highly-visible out pad to a high-performing Stater Bros Market, offering exceptional exposure and long-term stability in a thriving trade area.