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 (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 United States 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

DENSE RETAIL CORRIDOR WITH ACCESS TO OVER 182K VEHICLES PER DAY
» Well-positioned across from a Walmart Supercenter along Ridge Road with excellent visibility and access to 28,000 vehicles per day
» Dense retail corridor near several large shopping centers with major tenants such as Costco, Target, Kroger, The Home Depot, Lowe’s, and more increasing daytime activity, and promoting crossover traffic
» High traffic location right off Interstate 30 which experiences 154,000 vehicles per day near the site
» Walking distance from Rockwall High School (2,847 students) and Rochell Elementary School (561 students)
» Minutes from Texas Health Hospital Rockwall (60 beds), Baylor Scott & White Family Medical Center, and Baylor Scott & White Medical – Lake Pointe (148 beds)

IDEAL LOCATION IN THE WEALTHIEST COUNTY IN THE STATE
» Surrounded by single-family developments and large apartment complexes including the nearby Mission Rockwall Apartments (224 units), and Rockwall Commons (203 units)
» Population of 98,591 within five miles (25% growth since 2010)
» High average annual household income of $143,576 within a five-mile radius (projected to increase 12% by 2027)
» Gateway to Dallas, the third-largest city in Texas (1.3 million residents)
» Rockwall County is the richest county in Texas
» Beneficial proximity to Dallas Love Field Airport (15.97 million annual passengers) and Dallas/Fort Worth International Airport (over 73 million annual passengers)

NEW HIGH-QUALITY 2023 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 is strategically located across from Walmart Supercenter along Ridge Road (28,000 AADT) and situated right off Interstate 30 which experiences 154,000 vehicles per day near the site
» Well-positioned in a dense retail corridor near several large shopping centers with major tenants such as Costco, Target, Kroger, The Home Depot, Lowe’s, and more increasing daytime activity, and promoting crossover traffic
» The property is within walking distance from Rockwall High School (2,847 students) and Rochell Elementary School (561 students)
» The site is just minutes from Texas Health Hospital Rockwall (60 beds), Baylor Scott & White Family Medical Center, and Baylor Scott & White Medical -Lake Pointe (148 beds)
» Ideal location surrounded by single-family developments and large apartment complexes including the nearby Mission Rockwall Apartments (224 units), and Rockwall Commons (203 units)
» The site is supported by a population of 98,591 within five miles (25% growth since 2010)
» Affluent location in the richest county in the state, with a five-mile average annual household income of $143,576
» The location maintains beneficial proximity to Dallas Love Field Airport and Dallas/Fort Worth International Airport and is a gateway to Dallas, the third-largest city in Texas with 1.3 million residents