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Dutch Bros 3628 N. University St. 1,268 SF Retail Building Peoria, IL 61604 $2,999,000 ($2,365.14/SF) 5.50% Cap Rate



Investment Highlights
- 15-Year Absolute NNN Lease with 10% Increases Every 5 Years
- 3rd Largest Coffee Chain in U.S. and Projected to Open 2,029 Locations by 2029
- Brand-New High-Quality Construction with Dual Drive-Thru
- Corporate Guaranty (NYSE: Bros), 1,203+ Locations in 25 States and $1.64 Billion in Revenue
- Industry Leading Average Unit Volume of $2.16 Million, 19 Consecutive Years of Same-Store Sales Growth
- Serving Over 113,000 Residents in the Heart of the Peoria Trade Area
Property Facts
Sale Type
Investment NNN
Sale Condition
Build to Suit
Property Type
Retail
Property Subtype
Building Size
1,268 SF
Building Class
B
Year Built
2026
Price
$2,999,000
Price Per SF
$2,365.14
Cap Rate
5.50%
NOI
$164,989
Tenancy
Single
Building Height
1 Story
Building FAR
0.01
Lot Size
2.00 AC
Frontage
215’ on North University Street
Amenities
- Drive Thru
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Nearby Major Retailers
1 of 7
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Dutch Bros | 3628 N. University St.
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