Log In/Sign Up
Your email has been sent.
Dutch Bros | Drive-Thru Equipped | Abs NNN 5187 Ashley Phosphate Rd 950 SF Retail Building North Charleston, SC 29418 $3,142,000 ($3,307.37/SF) 5.15% Cap Rate
Investment Highlights
- Corporate Tenant (NYSE: BROS) | Brand New 15-Year Lease | Scheduled 10% Rental Increases | 2025 Construction
- Entertainment-Focused Redevelopment | Festival Centre (1.7M Annual Visitors)
- Established Retail Corridor | Proximity To Joint Base Charleston
- Absolute NNN Lease Structure | Zero Landlord Responsibilities
- Direct Residential Consumer Base | Strong Demographics
- Signalized, Hard Corner Intersection | Excellent Visibility & Access
Executive Summary
SRS Real Estate Partners is pleased to offer the fee simple interest in a brand-new Dutch Bros Coffee property in Charleston, SC. The tenant, Boersma Bros. LLC, managed by Dutch Mafia LLC under Dutch Bros Inc. (NYSE: BROS), recently signed a 15-year lease with three (3) five-year renewal options. Dutch Bros, one of the nation’s fastest-growing QSR brands with 1,000+ locations and $1.28B in 2024 revenue, provides secure tenancy. The lease includes 10% rent increases every five years, driving NOI growth and hedging against inflation. Built in 2025 with high-quality finishes, the property requires minimal landlord oversight under an absolute NNN structure, offering a true passive investment.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
950 SF
Building Class
B
Year Built
2026
Construction Status
Under Construction
Price
$3,142,000
Price Per SF
$3,307.37
Cap Rate
5.15%
NOI
$161,815
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
0.62 AC
Zoning
B-2 - General Business District - City of North Charleston
Parking
13 Spaces (13.68 Spaces per 1,000 SF Leased)
Frontage
136’ on County Road S-18-62
Amenities
- Corner Lot
- Pylon Sign
- Restaurant
- Drive Thru
Nearby Major Retailers
Property Taxes
| Parcel Number | 181-00-00-088 | Improvements Assessment | $938,550 |
| Land Assessment | $275,100 | Total Assessment | $1,213,650 |
Property Taxes
Parcel Number
181-00-00-088
Land Assessment
$275,100
Improvements Assessment
$938,550
Total Assessment
$1,213,650
1 of 7
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Dutch Bros | Drive-Thru Equipped | Abs NNN | 5187 Ashley Phosphate Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.