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INVESTMENT HIGHLIGHTS
Build-To-Suit Quality Construction: Build-to-suit Dutch Bros featuring a drive thru constructed in 2012.
NNN Lease: Dutch Bros is operating on a NNN lease basis, which provides minimal landlord responsibility.
Multi-unit Operator with Strong Historical Occupancy: The multi-unit Franchisee has operated at this location since 2013, and operates an additional two Oregon Coast Dutch Bros locations.
Strong Brand Recognition: Dutch Bros is a well-known Northwest brand featuring coffee and energy drinks with a 30-year legacy that has created a dedicated fan base.
Limited Competition: Seaside only has three coffee drive-thru locations, which provides for strong market share for Dutch Bros.
High Visibility Location: Situated along Highway 101, the Oregon Coast’s most prominent north / south traveled thoroughfare, the site has heavy exposure to capture the substantial tourist traffic that passes along Oregon’s coast with 20,800+ VPD near the site.
Near Popular Amenities: The Property is less than ¾ of a mile from Seaside Cinema movie theatre, and a prominent retail outlet mall featuring stores such as Nike, Eddie Bauer, Pendleton and more.
Substantial Annual Visitation: Seaside is ranked #4 per TravelOregon.com for number of visits, spending an estimated $695M in 2022.
