13600 Terra Crossing Ct - Fast Food FOR SALE


Louisville, KY 40245- Outer East End
$3,019,000 USD
415-413-3005

NO PHOTO

$3,019,000 USD
Fast Food - FOR SALE
null | 5.5% Cap Rate

13600 Terra Crossing Ct
Louisville, KY 40245
Outer East End


HIGHLIGHTS

  • New 15-year absolute NNN lease to Dutch Bros, the second-largest drive-thru coffee chain in the U.S.
  • 10% rental increases every five (5) years in initial term and three (3) option periods of five (5) years each, ensuring consistent income growth.
  • Tenant covers all taxes, insurance, and maintenance, including roof, structure, and parking lot, providing a fully passive investment.
  • As of July 2026, Dutch Bros operates 1,255 locations across the U.S. with plans to open approximately 181 stores in 2026.
  • Dutch Bros reported Q1 2026 total revenues of $464.4M, representing a 30.8% increase year-over-year from the $355.2m reported in Q1 2025.

OVERVIEW

This Dutch Bros property occupies a prime retail location along Old Henry Road, benefiting from frontage that exposes the site to more than 17,000 vehicles per day and immediate access to Interstate 265, which serves over 71,000 additional daily commuters. The asset is leased to Dutch Bros, one of the nation’s fastest-growing coffee brands, which opened its 1,000th location in February 2025 and has announced plans to double its store count by 2029. The surrounding trade area is supported by a population of 122,124 residents within a five-mile radius, representing significant growth since 2010 and continued projected expansion through 2031. The property is situated within an affluent area, with average household income reaching $182,211 within a three-mile radius and forecasted to exceed $207,000 over the next five years. As an outparcel to Terra Crossing, the site benefits from proximity to a dynamic retail destination anchored by Kentucky’s first Publix and more than 355,000 square feet of shopping, dining, and service-oriented uses. Combined with projected population and income growth across the surrounding trade area, the property is well positioned to benefit from the continued expansion of both Dutch Bros and the Louisville market.

FOR SALE DETAILS

PRICE

$3,019,000 USD

PRICE/SF

$2,945 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Single

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dutch Bros

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.9 AC

LAND SF

39,204 SF

ZONING

-

APN/PARCEL ID

398500130000

ASK ABOUT THIS PROPERTY

Ryan ForsythCushman & WakefieldMore Info
415-413-3005

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Ryan ForsythCushman & WakefieldMore Info
415-413-3005

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.