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INVESTMENT HIGHLIGHTS
2023 Construction - The Dutch Bros brand is rapidly growing. The company has opened 301 new stores since the end of 2019, an 81% increase. As of June 30, 2023, Dutch Bros had 754 locations. The company has plans in place to open a total of 150 stores in 2023.
New 15-Year Absolute NNN Lease
Kansas City MSA - Olathe is a suburb of Kansas City, located just 20 miles from Downtown KC with a population of 2.2M.
Very High Traffic Count - 46k VPD on 135th Street.
Affluent Area - $125K Avg. HH Income (1-mile).
Educated Population - 63% hold a Bachelor's degree or higher within a 1-mile radius.
#6 Ranked “50 Best Places to Live for Families” - “As one of the fastest growing cities in the country, Olathe has become a Midwestern hotspot.” - Fortune
Excellent Traffic Drivers - New shopping center pad. Anchor tenants include Menards, Walmart Supercenter, Hobby Lobby, Lowe's, PetCo, Hen House Market, Academy Sports + Outdoors, Genesis Health Club, Mazuma Credit Union, & more.
