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Dutch Bros | New 15yr Corp Abs NNN Grd Lse 9604 Magnolia Ave 950 SF Retail Building Riverside, CA 92503 $2,975,000 ($3,131.58/SF) 4% Cap Rate

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INVESTMENT HIGHLIGHTS

New Construction | Corporate Guaranteed | 15-Year Ground Lease | 10% Increases Every 5 Years
Prime Retail Corridor | High-Profile Riverside Location

Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
Strong Demographics in 5-Mile Trade Area | Six-Figure Incomes |Strong Institutional Anchors

EXECUTIVE SUMMARY

SRS National Net Lease is pleased to offer the opportunity to acquire a leased fee (land ownership) in an absolute NNN leased, corporate guaranteed, Dutch Bros Coffee investment property located in Riverside, California. The tenant, BB Holdings CA, LLC 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.