Investment Highlights

NEW 20-YEAR ABSOLUTE NNN CORPORATE LEASE TO RAPIDLY GROWING COFFEE QSR
» New 20-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 (NYSE: “BROS”) went public in 2021 – now valued at over $6.4 billion
» Dutch Bros Inc. is one of the fastest-growing brands in the food service and restaurant industry in the U.S. by location count with 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-quality 2023 construction featuring a dedicated dual-lane drive-thru, providing additional customer convenience and boosting sales revenue

HIGH-VISIBILITY LOCATION ALONG A MAJOR STATE ROAD WITH ACCESS TO 56K VEHICLES PER DAY
» Located on East 75 Street and Blue Parkway/East State Route 350 near the Raytown Road signalized intersection offering great visibility and access to 56,182 combined vehicles per day
» Anchored by Walmart Supercenter and situated near Bank of America, IHOP, Panda Express, NAPA Auto Parts, and Ace Hardware, drawing significant crossover traffic to the site
» Walking distance from Coach Lamp Corner Apartments (118 units), Raytown Village Apartments (102 units), and Elliott Place Senior Living (96 units)
» Within a three-mile radius of six public schools with a student population of 3,251, providing nearby access to an ideal customer base
» Located in a high-traffic area, providing exposure to potential customers and the opportunity to build a loyal customer base

KANSAS CITY SUBURB WITH 118K NEARBY RESIDENTS
» Population of 118,030 within a five-mile radius
» Average annual household income of $79,401 within one mile (16% projected increase by 2027
» Gateway to Kansas City, the largest city in Missouri by population and area with a 2020 population of 508,090
» Well-positioned in Jackson County, the second-most-populous County in Missouri

Property Description

SOLD

» The Dutch Bros Coffee is highly visible along East 75 Street and Blue Parkway/East State Route 350, close to the Raytown Road signalized intersection, providing access to a combined daily traffic of 56,182 vehicles
» The site is anchored by a Walmart Supercenter and is in proximity to Bank of America, IHOP, Panda Express, NAPA Auto Parts, and Ace Hardware, attracting significant crossover traffic to the location
» Coach Lamp Corner Apartments (118 units), Raytown Village Apartments (102 units), and Elliott Place Senior Living (96 units) are all within walking distance from the site
» The property is situated within a three-mile radius of six public schools, which have a total student population of 3,251, making it easily accessible to an ideal customer base.
» With a population of 118,030 within a five-mile radius, the location is backed by a large customer base, offering the opportunity to create loyal and repeat visitors
» The average annual household income within one mile of the site is $79,401 and is projected to increase 16% by 2027
» The site is a gateway to Kansas City, the largest city in Missouri, with a population of 508,090 in 2020
» The location is well-positioned in Jackson County, the second-most-populous county in Missouri