NEW CONSTRUCTION: Project broke ground in October 2025 and was completed in March 2026
LONG-TERM NET LEASE: 15-year absolute NNN lease with 3 renewal options of 5 years each and ZERO landlord responsibility
RENTAL UPSIDE: 10% rent bumps every 5 years including option periods
NATIONAL BRAND: 1,200+ locations across 25 states (2,029 projected by 2029) with average unit sales volume of $2.1M
CREDIT TENANT / CORPORATE GUARANTY: Dutch Bros, Inc. (NYSE: BROS) reported total revenues of $1.64B in 2025 with a 2026 projection of $2B
RECORD 2025 RESULTS: 28% revenue growth over 2024 and 19 consecutive years of positive same-shop sales growth
HIGH TRAFFIC CORRIDOR: Traffic Counts of 47,600+ VPD directly in front of the property
STRONG TRADE AREA: Immediate trade area consists of 1.4 million SF of retail space that is 99.3% leased
DENSE RESIDENTIAL BASE: Over 58,200 households and 137,700 residents within a 5-mile radius
AFFLUENT DEMOGRAPHICS: $122,700 average HH income and $88,200 median HH income within a 5-mile radius
DYNAMIC GROWTH REGION: Anchored by Greenville, the Upstate is a 10-county region with approx. 1.67 million residents, 580 international companies, and a net migration of more than 80 people each day