Dutch Bros | 514-516 N Belt Hwy

Cushman & Wakefield is pleased to present the opportunity to acquire an absolute NNN lease investment occupied by Dutch Bros Coffee, one of the fastest-growing drive-thru beverage brands in the United States. The property is secured by a corporate-guaranteed lease, offering investors a highly passive income stream with zero landlord responsibilities and long-term contractual rent growth. Founded in 1992, Dutch Bros has expanded to more than 1,080 locations across 24 states, supported by a loyal customer following and a high-volume, drive-thru-focused business model. The company continues to pursue an aggressive national growth strategy targeting more than 2,000 locations by 2029, with an estimated long-term U.S. market opportunity exceeding 7,000 stores. Publicly traded on the NYSE: BROS, Dutch Bros reported 2025 revenue guidance of approximately $1.61 to $1.615 billion, highlighting the brand’s strong operating performance and national momentum. The subject property is strategically positioned along Belt Highway in St. Joseph, a primary north-south arterial roadway and major commercial corridor offering excellent visibility and accessibility. The surrounding trade area benefits from strong residential density, average household incomes exceeding $83,000 within a five-mile radius, and proximity to Missouri Western State University, located approximately two miles from the site. This offering represents an opportunity to acquire a newly constructed Dutch Bros investment featuring a long-term absolute NNN lease structure, strong brand fundamentals, and durable real estate positioned for stable long-term cash flow and value appreciation.