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Dutch Bros | New 15yr Corp | 78,400 VPD 5607 W 38th St 950 SF Retail Building Indianapolis, IN 46254 $2,691,000 ($2,832.63/SF) 5.50% Cap Rate
Investment Highlights
- New Construction | Corporate Guarantee | 15-Year NNN | 10% Scheduled Rent Increases
- Proximity to the ~$1B Planned Redevelopment of the Lafayette Square Mall High Traffic Area | Significant Frontage & Visibility
- Strong Demographics In 5-Mile Trade Area
- Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
- Proximity to Indianapolis Motor Speedway
Executive Summary
SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN leased, Dutch Bros
Coffee investment property located in Indianapolis, Indiana. The tenant, Dutch Bros, recently signed a brand new, 15-year lease with 3 (5-year) options to extend, demonstrating their commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for a passive investor.
Coffee investment property located in Indianapolis, Indiana. The tenant, Dutch Bros, recently signed a brand new, 15-year lease with 3 (5-year) options to extend, demonstrating their commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for a passive investor.
Property Facts
Sale Type
Investment NNN
Property Type
Building Size
950 SF
Building Class
B
Year Built
2026
Price
$2,691,000
Price Per SF
$2,832.63
Cap Rate
5.50%
NOI
$148,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Lot Size
1.00 AC
Zoning
C4 - General Commercial
Parking
42 Spaces (44.21 Spaces per 1,000 SF Leased)
Amenities
- Dedicated Turn Lane
- Pylon Sign
- Restaurant
- Signage
- Signalized Intersection
- Drive Thru
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Duth Bros
- Accommodation and Food Services
-
99,999 SF
- -
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Lorem Ipsum
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Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Duth Bros | Accommodation and Food Services | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
Nearby Major Retailers
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