Velocity Retail Group is pleased to offer this Dutch Bros Coffee (NYSE:BROS) Net Leased Investment, located at 3064 Washington Road, Augusta, GA 30907. The property includes a new 986 SF single tenant drive-thru building on a +/- 0.78-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: Newly constructed 986 SF Dutch Bros building on a +/- 0.78-acre frontage parcel, designed for high-volume drive-thru beverage service.
15-Year Corporate Net Lease: New 15-year primary corporate lease with minimal landlord responsibilities, 10% rent increases every five years, and three five-year renewal options, providing long-term income growth.
Augusta National Golf Club Nearby: Located less than 1.5 miles from Augusta National Golf Club, with Washington Road serving as the primary commercial arterial leading to the world-renowned home of the Masters Tournament.
Immediate I-20 Access and Strong Traffic Exposure: The property fronts Washington Road (25,997 CPD) and is less than one-half mile from Interstate 20 (86,921 CPD), providing excellent regional access, visibility, and daily traffic exposure.
Established Retail and Hospitality Corridor: Chick-fil-A and Burger King are adjacent to the Property, Mercedes-Benz of Augusta is across the street, and Sheraton, Hilton, Courtyard by Marriott, Kroger, Publix, and the Village at Riverwatch are nearby.
Strong Trade Area Demographics: 56,098 residents, $119,819 average household income, 3,808 businesses and 28,458 employees within three miles of the property. Augusta MSA has a population of over 600,000.