Dutch Bros 2905 Main St 986 SF Retail Building Newberry, SC 29108 $2,740,764 ($2,779.68/SF) 5.50% Cap Rate

Fortis Net Lease is pleased to present this brand new drive-thru Dutch Bros. Coffee located in Newberry, South Carolina. Dutch Bros is a rapidly expanding tenant with goals of reaching 2,029 stores by 2029 as well as annual revenue growth of 20%. This 15 year Absolute NNN Lease provides a 10% rent increase every 5 years including at each of the 3 (5 year) options. The lease also features a strong corporate guaranty. The store is nearing completion with opening & rent start in August 2026.
This Dutch Bros is located off the signalized corner of Heritage Drive & Main Street, seeing 9,007 cars per day, with quick access to busy US-76 Bypass (Wilson Road), seeing 16,585 cars per day. It is anchored by Lowes and directly across from Walmart. It is nestled amongst national retailers in a retail hub and also surrounded by residential homes. The 10 mile population from the site is 25,606. The 3 mile household income is $65,047. This investment will offer a new owner continued success due to the strength and proven profitability of the tenant. List price reflects a 5.50% cap rate based on NOI of $150,742.
Instate Broker of Record: Brian Brockman | Bang Realty