Retail    

Dutch Bros

 18181 W 101st St, Lenexa (Kansas City), KS 66219

Asking Price

$2,207,547

Cap Rate

5.30%

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Year Built

2023

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MSA

Kansas City

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Master Planned Dev.

225 Acres

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Guaranty Type

Corporate

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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.
  • Absolute NNN Lease
  • Kansas City MSA - Lenexa is a suburb of Kansas City, located just 13 miles from Downtown KC with a population of 2.2M.
  • Very High Traffic Count - 77k VPD on K-10. 32k Projected VPD on Ridgeway Rd.
  • Affluent Area - $146K Avg. HH Income (3-minute drive).
  • New Master Planned Development in Progress - 225 acres consisting of everything from quick service, restaurants, medical, upscale retail and dining, office, and residential.

Exclusively Listed By

Mike Philbin

Senior Vice President
  mphilbin@northmarq.com      (858) 877-9847

Chad Byerly

Senior Vice President

KS Broker #BR00236011

Northmarq

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