For Sale
$2,820,000

982 Old Bryan Rd O'Fallon, MO 63366

Missouri QSR, Absolute NNN Lease

Overview

Added:
Dec 11, 2024
Days on market:
131
This exceptional investment opportunity presents a brand-new, single-tenant Dutch Bros. drive-thru coffee shop in O'Fallon, Missouri. Located on a one-acre lot at 982 Old Bryan Rd (63366), this 950 square foot building boasts a 20-year absolute NNN corporate lease with Dutch Bros. (NYSE: BROS), commencing February 15, 2025, and expiring February 28, 2045. The lease includes three 5-year renewal options, each with a 10% rent increase. The property benefits from a strong location on a major thoroughfare with high daily traffic counts (23,840 CPD), surrounded by complementary businesses including a McDonald's, Heartland Dental, and Dobbs Tire & Auto, and adjacent to a new luxury villa subdivision and a proposed large sportsplex. The property's proximity to Fort Zumwalt West High School (1,900+ students) ensures a consistent customer base. With a current Net Operating Income (NOI) of $155,000 and an asking price of $2,820,000, this represents a compelling 5.50% cap rate. This passive investment offers significant upside potential given Dutch Bros.' impressive growth trajectory (30.7% year-over-year revenue growth in 2023 and plans for 4,000 stores in the next 10-15 years). The property's strong location, long-term lease, and established tenant make this an attractive addition to any portfolio. The property's APN is 2-0057-D433-00-0002.0000000.

Highlights

  • New construction, single-tenant Dutch Bros. drive-thru with a 20-year absolute NNN corporate lease.
  • Rent increases 10% every 5 years for the initial term and three 5-year options.
  • Passive single-tenant, net-leased asset requiring no landlord responsibilities.
  • Dutch Bros (NYSE: BROS) is a publicly traded company with over 912 stores and significant growth plans.
  • Dutch Bros reported 30.7% year-over-year revenue growth in 2023.
  • Dutch Bros opened 159 new stores in 2023 and plans 4,000 stores within 10-15 years.

Property Details for 982 Old Bryan Rd

Property type
Retail properties
Year Built
2025
Lot Size (sq. ft)
43,560 SF

Location Insight

City
O'Fallon
County
St. Charles
State
Missouri
Latitude
38.799025004892
Longitude
-90.735417248491
982 Old Bryan Rd, O'Fallon, Missouri

FAQs

What type of property is this?
Retail property - Missouri QSR, Absolute NNN Lease
Where is the retail property located?
The property is located at 982 Old Bryan Rd O'Fallon, MO.
What is the asking price?
The asking price for this property is $2,820,000.
What are key features of this property?
This property features: New construction, single-tenant Dutch Bros. drive-thru with a 20-year absolute NNN corporate lease.; Rent increases 10% every 5 years for the initial term and three 5-year options.; Passive single-tenant, net-leased asset requiring no landlord responsibilities.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
982 Old Bryan Rd
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message