Restaurant
New Construction Dutch Bros | 2026 Built-To-Suit | 15-Year Absolute NNN Lease | Corporate Guaranty
3352 Lake City Hwy, Warsaw, IN 46580
Listing Price: $2,940,000
Cap Rate
5.60%
Tenant Name
Dutch Bros
Years Remaining On Lease
14.9
Guarantor
Corporate Guarantee
Rentable SF
986
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$166.95
Investment Overview
Marcus & Millichap is pleased to present the offering for Dutch Bros in Warsaw, IN.
New Construction Dutch Bros | 2026 Built-To-Suit | 15-Year Absolute NNN Lease | Corporate Guaranty
Investment Highlights
- The Subject Property is a 2026 Build-to-Suit Dutch Bros Coffee Featuring their Newest Prototype, an Approximately 986-Square Foot Drive-Thru Building Situated on a 0.92-Acre Parcel
- The Tenant Operates under an Absolute Triple-Net Lease, Resulting in no Landlord Obligations
- Dutch Bros Executed a 15-Year Corporate Lease with 10 Percent Rent Increases every Five Years and at the Start of Three-Five-Year Option Periods
- Publicly Traded Tenant with Recurring Quarterly Revenue Growth, Rising Same-Store Sales, Positive Traffic Trends, and an Accelerated Development Pipeline, Supporting Strong Credit Backing and Long-Term Rent Security
- The Property Benefits from Direct Access to US-30/Lake City Highway, Exposing it to 31,600 Plus AADT, near the Intersection of Lincoln Highway with an Additional 6,800 Plus AADT - Ensuring Consistent Daily Traffic and Exposure
- The Site is Outparcel to a Rural King Anchored Shopping Center, Surrounded by a Dense Concentration of National Brands Including Dollar General, Pizza Hut, Meineke, Wendy's, Arby's, Popeyes, Marathon, Staples, Great Clips, McDonald's, Best Western, Red Roof Inn, and others that Drive Daily Consumer Activity and Spillover Traffic
- Located less than a Mile from DePuy Synthes Orthopaedics Company, a Major Medical Device Manufacturing Facility Owned by Johnson & Johnson with over 1,200 Employees. One Mile from Winona Lake, a Popular Recreation Area and Three Miles from Downtown Warsaw
- Population within Five Miles of the Property has been Increasing Since 2010 and the Daytime Population exceeds 43,800 Average Household Incomes of over $98,400 within One Mile
Exclusively Listed By
Broker of Record
Restaurant
New Construction Dutch Bros | 2026 Built-To-Suit | 15-Year Absolute NNN Lease | Corporate Guaranty
Listing Price: $2,940,000
Cap Rate
5.60%
Tenant Name
Dutch Bros
Years Remaining On Lease
14.9
Guarantor
Corporate Guarantee
Rentable SF
986
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$166.95
Investment Highlights
- The Subject Property is a 2026 Build-to-Suit Dutch Bros Coffee Featuring their Newest Prototype, an Approximately 986-Square Foot Drive-Thru Building Situated on a 0.92-Acre Parcel
- The Tenant Operates under an Absolute Triple-Net Lease, Resulting in no Landlord Obligations
- Dutch Bros Executed a 15-Year Corporate Lease with 10 Percent Rent Increases every Five Years and at the Start of Three-Five-Year Option Periods
- Publicly Traded Tenant with Recurring Quarterly Revenue Growth, Rising Same-Store Sales, Positive Traffic Trends, and an Accelerated Development Pipeline, Supporting Strong Credit Backing and Long-Term Rent Security
- The Property Benefits from Direct Access to US-30/Lake City Highway, Exposing it to 31,600 Plus AADT, near the Intersection of Lincoln Highway with an Additional 6,800 Plus AADT - Ensuring Consistent Daily Traffic and Exposure
- The Site is Outparcel to a Rural King Anchored Shopping Center, Surrounded by a Dense Concentration of National Brands Including Dollar General, Pizza Hut, Meineke, Wendy's, Arby's, Popeyes, Marathon, Staples, Great Clips, McDonald's, Best Western, Red Roof Inn, and others that Drive Daily Consumer Activity and Spillover Traffic
- Located less than a Mile from DePuy Synthes Orthopaedics Company, a Major Medical Device Manufacturing Facility Owned by Johnson & Johnson with over 1,200 Employees. One Mile from Winona Lake, a Popular Recreation Area and Three Miles from Downtown Warsaw
- Population within Five Miles of the Property has been Increasing Since 2010 and the Daytime Population exceeds 43,800 Average Household Incomes of over $98,400 within One Mile
Investment Overview
Marcus & Millichap is pleased to present the offering for Dutch Bros in Warsaw, IN.
Exclusively Listed By
Broker of Record
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