514-516 N Belt Hwy - Freestanding FOR SALE


Saint Joseph, MO 64506
$2,818,000 USD
602-538-7155
514-516 N Belt Hwy, Saint Joseph, MO for Sale
$2,818,000 USD
Freestanding - FOR SALE
1/1
null | 5.6% Cap Rate

514-516 N Belt Hwy
Saint Joseph, MO 64506


HIGHLIGHTS

  • Absolute NNN Lease
  • Brand New Construction
  • Long Term 15 Year Primary Lease
  • 10% increases every 5 years
  • Market Cap of $9.1 billion
  • ±2 miles from Missouri Western State University (±3,800 students)

OVERVIEW

Cushman & Wakefield is pleased to present the opportunity to acquire an absolute NNN lease investment tenanted by Dutch Bros. Coffee, one of the fastest-growing drive-thru beverage brands in the United States. The property is secured by a corporate-guaranteed lease and offers investors a highly passive income stream with zero landlord responsibilities and long-term contractual rent growth. Founded in 1992, Dutch Bros has rapidly expanded to over 1,080 locations across 24 states, supported by a loyal customer base and a high-volume, drive-thru–focused operating model. The company has articulated an aggressive long-term growth strategy targeting 2,000+ locations by 2029, with a total U.S. market opportunity exceeding 7,000 potential stores. Dutch Bros is publicly traded on the NYSE under the ticker BROS and reported 2025 revenue guidance of approximately $1.61–$1.615 billion, underscoring the brand’s strong unit economics and national momentum. The property is strategically located along Belt Highway, a primary north–south arterial and major traffic corridor in St. Joseph, Missouri, providing excellent visibility and accessibility. The surrounding trade area is supported by solid residential density, average household incomes exceeding $83,000 within a five-mile radius, and proximity to Missouri Western State University, located approximately two miles from the site. This offering represents an opportunity to acquire a new-construction Dutch Bros investment with long-term absolute NNN structure, strong brand fundamentals, and real estate positioned for durable cash flow and long-term value.

FOR SALE DETAILS

PRICE

$2,818,000 USD

PRICE/SF

$466 USD /SF

CAP RATE

5.6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dutch Bros

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Fast Food, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1971

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.53 AC

LAND SF

23,087 SF

ZONING

Commercial

APN/PARCEL ID

06-1.0-11-002-000-039.000

ASK ABOUT THIS PROPERTY

Chris HollenbeckCushman & WakefieldMore Info
602-538-7155

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Chris HollenbeckCushman & WakefieldMore Info
602-538-7155

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