• 15-year lease with 10% rent increases every 5 years and 3 (5-year) options to extend
• Fee Simple Ownership (ground + building) | Absolute NNN Lease with zero landlord responsibilities
• Corporate Guaranty - Dutch Bros is the fourth largest coffee chain in the US with over 1000 locations throughout 12 states and with a goal of reaching 2,029 locations by 2029
• The subject property is ideally located at the signalized hard corner intersection between Marymeade Dr and Berlin G Myers Pkwy (35,000 VPD)
• Good sized parcel at .96 acres
• The subject property benefits from its proximity to some of the best performing retail locations in the nation such as the nearby Lowe’s (91st percentile nationally and 78th percentile in South Carolina for comparable Lowe’s) and Target (82nd percentile nationally and 94th percentile in South Carolina for comparable Target)
• Substantial New Development & Retail In The Submarket
• 24 miles Northwest from Charleston - More than 142,600 residents and 37,100 employees support the trade area
• $100,338 average household income within a 3-mile radius