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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
2025
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
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
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Dutch Bros | Drive-Thru Equipped | Abs NNN | 5187 Ashley Phosphate Rd
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