5187 Ashley Phosphate Rd - Fast Food FOR SALE


North Charleston, SC 29418
$3,142,000 USD
929-229-2614
5187 Ashley Phosphate Rd, North Charleston, SC for Sale
$3,142,000 USD
Fast Food - FOR SALE
1/6
null | 5.15% Cap Rate

5187 Ashley Phosphate Rd
North Charleston, SC 29418


HIGHLIGHTS

  • Corporate Tenant (NYSE: BROS) | Brand New 15-Year Lease | Scheduled 10% Rental Increases | 2025 Construction
  • Absolute NNN Lease Structure | Zero Landlord Responsibilities
  • Entertainment-Focused Redevelopment | Festival Centre (1.7M Annual Visitors)
  • Direct Residential Consumer Base | Strong Demographics
  • Established Retail Corridor | Proximity To Joint Base Charleston
  • Signalized, Hard Corner Intersection | Excellent Visibility & Access

OVERVIEW

SRS Real Estate Partners is pleased to offer the fee simple interest in a brand-new Dutch Bros Coffee property in Charleston, SC. The tenant, Boersma Bros. LLC, managed by Dutch Mafia LLC under Dutch Bros Inc. (NYSE: BROS), recently signed a 15-year lease with three (3) five-year renewal options. Dutch Bros, one of the nation’s fastest-growing QSR brands with 1,000+ locations and $1.28B in 2024 revenue, provides secure tenancy. The lease includes 10% rent increases every five years, driving NOI growth and hedging against inflation. Built in 2025 with high-quality finishes, the property requires minimal landlord oversight under an absolute NNN structure, offering a true passive investment.

FOR SALE DETAILS

PRICE

$3,142,000 USD

PRICE/SF

$3,307 USD /SF

CAP RATE

5.15%

% LEASED

-

TENANCY

Single

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dutch Bros | Drive-Thru Equipped | Abs NNN

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

13

LAND DETAILS

LAND ACRES

0.62 AC

LAND SF

27,007 SF

ZONING

B-2

APN/PARCEL ID

181-00-00-088

ASK ABOUT THIS PROPERTY

Britt RaymondSRS Real Estate PartnersMore Info
929-229-2614

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Britt RaymondSRS Real Estate PartnersMore Info
929-229-2614

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