Velocity Retail Group is pleased to offer this Dutch Bros Coffee (NYSE:BROS) Net Leased Investment, located 1770 Pecan Lane, Kernersville, NC 27284. The property includes a new 986 SF single tenant drive-thru building on a 0.56 acre improved street frontage parcel. There are minimal landlord responsibilities in the Dutch Bros corporate lease. This offering presents an excellent opportunity for an investor to acquire a passive income-producing commercial property with a high-growth, industry-leading corporate tenant that has mastered the drive-thru business model of serving coffee and assorted energy drinks to on-the-go customers.
Highlights-
New Dutch Bros Drive-Thru Building: 986 SF Dutch Bros building on a 0.56-acre improved frontage parcel facing Union Cross Road (20,725 CPD).
15-Year Corporate Net Lease: New corporate lease with 15-year primary term and minimal landlord responsibilities; 10% rent increases every five years; three five-year renewal options.
Immediate I-40 Access: The Property within 1,200 feet of Interstate 40 (73,934 CPD), providing strong regional access, visibility, and daily traffic exposure.
Piedmont Triad Regional Area Location: Located near the center of the Piedmont Triad regional area (1.7 million-population) between Winston-Salem and Greensboro (diversified regional employment, manufacturing, and logistics hub).
Established Local Retail Area: Food Lion and Ace Hardware are directly across the street on Union Cross Road; Walmart and Target-anchored New Market Plaza is located 2 miles to the north. Other retailers in the immediate retail trade corridor include Chick-fil-A, McDonald's, Taco Bell, Whataburger, Culver's, and Tractor Supply.
Strong Trade Area Demographics: 33,204 residents; $118,761 average household income; 998 businesses and 8,923 employees within 3 miles of the property.