Press Releases
Marcus & Millichap Arranges $3.1M Sale of Dutch Bros Property in Valparaiso, Indiana
August 17, 2026
VALPARAISO, Ind., Aug. 14, 2026 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of a brand-new, net-leased Dutch Bros property in Valparaiso, Indiana. The property sold for $3,125,000.
“This offering generated significant interest from investors, resulting in multiple competitive offers,” said Austin Weisenbeck, senior managing director investments. “Ultimately, we secured an Indiana-based buyer and closed the transaction at more than 96% of the listing price, demonstrating continued demand for high-quality net-leased assets in strong retail corridors.”
Weisenbeck, Sean Sharko, Adrian Mendoza and Phoebe Klein, investment specialists in Marcus & Millichap’s Chicago Oak Brook office, in association with Julia Evinger, Marcus & Millichap’s Indiana broker of record, had the exclusive listing to market the property on behalf of the seller, a Midwest developer.
The 2,495-square-foot Dutch Bros property is located at 2510 Laporte Avenue as a Target outlot within Valparaiso Market Place. It operates under a new 15-year absolute triple-net lease and is corporately guaranteed by Boersma Bros, LLC. The property is surrounded by top-ranked shopping destinations and is approximately one mile from the Valparaiso University campus.
“This offering generated significant interest from investors, resulting in multiple competitive offers,” said Austin Weisenbeck, senior managing director investments. “Ultimately, we secured an Indiana-based buyer and closed the transaction at more than 96% of the listing price, demonstrating continued demand for high-quality net-leased assets in strong retail corridors.”
Weisenbeck, Sean Sharko, Adrian Mendoza and Phoebe Klein, investment specialists in Marcus & Millichap’s Chicago Oak Brook office, in association with Julia Evinger, Marcus & Millichap’s Indiana broker of record, had the exclusive listing to market the property on behalf of the seller, a Midwest developer.
The 2,495-square-foot Dutch Bros property is located at 2510 Laporte Avenue as a Target outlot within Valparaiso Market Place. It operates under a new 15-year absolute triple-net lease and is corporately guaranteed by Boersma Bros, LLC. The property is surrounded by top-ranked shopping destinations and is approximately one mile from the Valparaiso University campus.
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About Marcus & Millichap, Inc. (NYSE: MMI)
Marcus & Millichap, Inc. is a leading brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services with offices throughout the United States and Canada. As of December 31, 2025, the company had 1,808 investment sales and financing professionals in over 80 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate. The company also offers market research, consulting and advisory services to clients. Marcus & Millichap closed 8,818 transactions in 2025, with a sales volume of approximately $50.9 billion. For additional information, please visit www.MarcusMillichap.com.
