Investment Highlights

NEW 15-YEAR ABSOLUTE NNN LEASE WITH SCHEDULED RENTAL INCREASES TO STRONG RETAIL TENANT
» New 15-year absolute NNN lease with three (3) five (5) year options, creating a stable, long-term investment
» 10% rental increases every five years, providing a hedge against inflation
» Absolute NNN lease requires zero landlord management, ideal for an out-of-area investor
» Dutch Bros recently went public valued at over $3.8 billion (NYSE: “BROS”)
» Dutch Bros sales are up 51% through the first six (6) months of 2021 after a record performance in 2020

LOCATED IN A LARGE AND GROWING TEXAS RETAIL CORRIDOR
» High-traffic location along Potranco Road (19,331 AADT), significantly increasing traffic to the site
» Population of 314,481 within a five-mile radius of the site, providing an extremely large customer base for the property
» Beneficial proximity to major Texas thoroughfares, including Interstate 410 and State Route 151 (combined 327,146 AADT)
» Projected 10 percent average annual household income increase within a five-mile radius of the site in the next five years, poising Dutch Bros and San Antonio for significant concurrent growth
» Texas has no income tax

CENTRAL LOCATION NEAR LARGE EMPLOYERS, RETAILERS, AND COMMUNITY HUBS
» Surrounded by a strong mix of local and national retailers
» Adjacent to new NSA Cryptology Center with more than 6,000 employees
» Beneficial proximity to highly attended San Antonio schools, including Earl Warren High School, John Paul Stevens High School, and Oliver Wendell Holmes High School (combined 8,862 students)
» Centrally located between popular Texas tourist attractions, including SeaWorld San Antonio (approx.. 3 million annual visitors)
» Surrounded by high-density single family housing developments
» Gateway to Downtown San Antonio, one of the fastest growing cities in the U.S. (seventh largest city in the U.S.)

NEW 2021 CONSTRUCTION
» 2021 construction featuring a dedicated dual-lane drive-thru, providing additional customer convenience and boosting sales revenue
» Features latest store designs and concepts

Property Description

SOLD

This Dutch Bros. Coffee is conveniently located along Potranco Road, a high-traffic east-west San Antonio thoroughfare connecting State Route 1604, State Route 151, and Interstate 410. These major thoroughfares are traveled by over 400,000 people daily, greatly increasing traffic and visibility to the site. The property is also supported by an extremely large customer base, with a population of 314,481 within a five-mile radius of the site. This Dutch Bros. Coffee is also located in an area ready for expansive growth, with a projected 10 percent average annual household income increase within a five-mile radius of the site in the next five years.

Visibility to the property is increased by the site’s centralized location near large employers, retailers, and community hubs. A constant stream of traffic and business is driven to the site by the adjacent NSA Cryptology Center, a brand new facility with more than 6,000 active employees. The location is surrounded by a strong mix of local and national retailers, including Walmart Supercenter, Walgreens, Sonic Drive-In, Panera Bread, Starbucks, Popeyes, and many others. Large nearby schools provide a major source of regular traffic to the site, including Earl Warren High School, John Paul Stevens High School, and Oliver Wendell Holmes High School. High-density single-family housing developments and large townhouse complexes surround the location, establishing this Dutch Bros. Coffee as a suburban hub store. The site also serves as a gateway to Downtown San Antonio, the seventh-largest city in the U.S.