Highlights
• Brand-new corporate Dutch Bros – adjacent to University of Illinois • Grand opening expected 4Q 2025; build-to-suit construction • Absolute NNN lease – no landlord responsibilities, fully passive investment • University of Illinois: #9 U.S. public university, 59,000+ students • Long-term 15-year lease with multiple renewal options • Fee simple interest – ownership of land & building
Description
Faris Lee Investments is pleased to present a rare opportunity to acquire a brand-new, fee simple, drive-thru Dutch Bros coffee property adjacent to the University of Illinois. Strategically located at the intersection of Lincoln Avenue and Green Street, the site offers excellent access to University destinations and the primary east-west thoroughfare of Campustown. Scheduled to open in Q4 2025, this build-to-suit Dutch Bros will feature dual drive-thru lanes and a walk-up window to accommodate heavy student and vehicle traffic. The property is secured by a 15-year corporate lease with Boersma Bros LLC, including 10% rent increases every five years and multiple renewal options, providing a long-term, inflation-protected income stream. The Absolute NNN lease imposes zero landlord responsibilities, making this an ideal management-free investment for passive or out-of-state buyers. The property is surrounded by University of Illinois academic buildings and student housing, serving a campus population of over 59,000 students—approximately half of whom reside on campus near the location. Situated within the Champaign-Urbana metro area, approximately 2.5 hours south of Chicago, the market encompasses roughly 236,000 residents. Combining fee simple ownership, new construction, a corporate tenant, and zero landlord obligations, this offering provides investors with a stable, long-term income opportunity in a premier university-driven market.
Property Documents
809 Dutch Bros OM.pdf
6.17 MB
Listing Details
- Cap Rate
5.25%
- Tenancy
Single
- Space Type
Retail
- Sub Category
Fast Food/QSR
- Date Listed
10/24/2025
- Ownership Info
Fee Simple
- Broker/Agent Co-op
Yes
- Investment Type
Net Lease
- Net Operating Income
$169,200
- Ground Lease
No
- Building FAR
0.04
Property Specifics
- Property Name
Dutch Bros Adj. to University of Illinois | 809 W Green St
- Property Class
A
- No of Buildings
1
- No of Stories
1
- No of Units
1
- Year Built
2025
- Building Size
1,043 SF
- Lot Size
0.62 Ac
- APN
922117103001
- Zoning
C
- Occupancy
100%