Investment Highlights

NEW 15-YEAR ABSOLUTE NNN CORPORATE LEASE TO RAPIDLY GROWING COFFEE QSR
» New 15-year absolute NNN corporate lease with 10% rental increases every five years
» No landlord management, an ideal opportunity for an out-of-area investor
» Dutch Bros Inc. (NYSE: “BROS”) went public in 2021 – now valued at over $6.4 billion
» Dutch Bros is one of the fastest-growing brands in the food service and restaurant industry in the United States by location count with over 768 locations across 15 states
» In Q3 2022, total revenues grew 53.0% to $198.6 million as compared to $129.8 million in the same period of 2021
» Dutch Bros Q3 2022 company-operated shop revenues increased 59.7% to $173.5 million as compared to $108.7 million in the same period of 2021

HIGH-VISIBILITY LOCATION NEAR LARGE RETAILERS AND HOSPITALS
» Convenient location with excellent visibility along West Loop 281 (25,010 AADT) near the Gilmer Road (18,706 AADT) signalized intersection
» Less than three miles from Longview Mall (70+ stores, 10,000 weekly visitors), Northloop Plaza (230,000 SF, 22 stores), and Crossing Creeks Country Club, promoting crossover traffic
» Proximity to highly trafficked retail centers with major tenants in the surrounding area such as Walmart Supercenter, Harbor Freight Tools, ALDI, CVS, Ross Dress for Less, Chase Bank, Chick-fil-A, McDonald’s, Taco Bell, Pizza Hut, Whataburger, and many others
» Minutes from Longview Regional Medical Center (224 beds) and CHRISTUS Good Shepherd Medical Center – Longview (425 beds)

ROBUST DEMOGRAPHICS NEAR WELL-ATTENDED SCHOOLS
» Surrounded by high-density, single-family housing developments, and apartment complexes
» Near many well-attended schools such as Pine Tree High School (1,207 students), Pine Tree Junior High School (688 students), and Kilgore, College – Longview North (725 students)
» Supported by a population of 84,114 within five miles, providing a consistent customer base
» High average annual household income of $119,504 within one mile of the site
» Average annual household income is projected to increase 16% over the next five years

NEW 2023 HIGH-QUALITY CONSTRUCTION IN A TAX-FREE STATE
» High-quality 2023 construction featuring a dedicated dual-lane drive-thru, providing additional customer convenience and boosting sales revenue
» Texas has no state income tax

Property Description

» Dutch Bros conveniently located along West Loop 281 (25,010 AADT) near the Gilmer Road (18,706 AADT) signalized intersection
» The site maintains proximity to highly trafficked retail centers with major tenants in the surrounding area such as Walmart Supercenter, Harbor Freight Tools, ALDI, CVS, Ross Dress for Less, Chase Bank, Chick-fil-A, McDonald’s, Taco Bell, Pizza Hut, Whataburger, and many others
» Strategic location less than three miles from Longview Mall (70+ stores, 10,000 weekly visitors), Northloop Plaza (230,000 SF, 22 stores), and Crossing Creeks Country Club, promoting crossover traffic
» The property is minutes from Longview Regional Medical Center (224 beds) and CHRISTUS Good Shepherd Medical Center – Longview (425 beds)
» The site is near many well-attended schools like Pine Tree High School (1,207 students), Pine Tree Junior High School (688 students), Kilgore, College -Longview North (725 students), and many more
» The location is supported by a population of 84,114 within five miles, providing a consistent customer base and the site further benefits from a high average annual household income of $119,504 within one mile of the property
» The average annual household income is projected to increase 16% over the next five years, posing Longview and Dutch Bros for concurrent growth