Prime Location in Florence – Situated in Florence, Alabama, a growing city within the Huntsville MSA, offering access to both local and regional customers while benefiting from nearby economic growth.
High-Traffic Area – Located on Cloverdale Road, a key retail and commercial corridor in Florence, with strong daily traffic, ensuring high visibility and consistent customer flow.
Strategic Commercial Hub – Close proximity to major retailers, dining options, and other commercial developments, providing strong foot traffic and visibility in a bustling area.
Growing Regional Market – Florence is part of the rapidly expanding Northwest Alabama region, with increasing demand for services and retail options, positioning this location for sustained success.
Rapid Brand Growth – Dutch Bros, one of the fastest-growing coffee chains in the U.S., just opened their 1000th store.
Financially Strong Tenant – Backed by a publicly traded company (NYSE: BROS), offering a reliable and secure lease for investors.
Corporate Guarantee – Backed by Dutch Bros Coffee, a rapidly growing publicly traded company (NYSE: BROS) with over 835 locations and ambitious expansion plans.
Long-Term Lease – New 15-year lease with built in 10% increases every 5 years.
Zero Landlord Responsibilities – Absolute NNN lease structure, meaning no landlord obligations and offering a completely passive income stream.
Options to Extend – Includes three 5-year extension options, ensuring flexibility and long-term security.
Strong Rental Increases – 10% rent increases every five years, offering a reliable hedge against inflation.