The tenant recently signed a brand-new 15-year lease, which includes three additional five-year extension options, underscoring their long-term commitment to the site. The lease is structured with 10% rental increases every five years during the initial term and at the start of each option period, ensuring consistent growth in net operating income (NOI) and providing a hedge against inflation. Dutch Bros, the tenant, is the third-largest coffee chain in the United States, operating over 1,080 locations across 24 states, with an ambitious long-term goal of expanding to more than 4,000 stores. The property, constructed in 2026, features high-quality materials, distinctive design elements, and premium finishes, reflecting a modern and appealing aesthetic.