Dutch Bros NNN Properties
Absolute NNN · N/A (Growth Stage) credit · 5–5.7% cap rate · $1.5M–$3.2M
Why Investors Buy Dutch Bros NNN Properties
Dutch Bros is one of the fastest-growing publicly traded drive-thru coffee chains in America, with 950+ locations and aggressive national expansion. Publicly traded on NYSE (BROS), Dutch Bros brings a level of financial transparency and scale not found in comparable emerging coffee brands. New construction NNN properties offer strong cap rates, 15-year absolute NNN terms, and high-traffic locations.
Lease Structure
Brand Financials
Why Investors Choose Dutch Bros
- Publicly traded growth company (NYSE: BROS) with transparent financials
- One of the fastest-growing drive-thru coffee brands in the US
- 15-year absolute NNN leases on brand-new construction
- Higher cap rates than Starbucks — more income for comparable risk profile
- Drive-thru only model minimizes operational overhead and maximizes throughput
- Strong brand loyalty with cult-like following in Western and Sun Belt markets
Key Risks to Underwrite
- Growth-stage company with less proven recession history than legacy QSRs
- Concentrated in Western US — geographic diversification still developing
- Resale buyer pool smaller than Starbucks or McDonald's
Ideal Investor Profile
- Growth-oriented investors seeking emerging brand exposure pre-compression
- 1031 exchange buyers wanting new construction NNN with higher yields
- Investors seeking growth-stage corporate credit with strong brand momentum
Is Dutch Bros Right for Your 1031 Exchange?
Dutch Bros NNN properties are a popular 1031 exchange destination for investors who want to eliminate active management while preserving their equity in a nationally recognized corporate-guaranteed asset. With typical prices of $1.5M–$3.2M, these properties fit a wide range of exchange equity positions. The Absolute NNN structure means your 1031 replacement property comes with zero landlord obligations — ideal for investors who have sold multifamily, commercial, or other management-intensive assets and want truly passive income.
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Access Off-Market Dutch Bros Properties
We maintain an exclusive inventory of Dutch Bros NNN properties — many of which never appear on LoopNet or CoStar. Contact us to see what's available before it trades.