Dutch Bros. Coffee

3200 SW Topeka Blvd, Topeka, KS 66611

$2,232,000

Cap Rate 5.60%

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DOM: 51 Updated: 08.12.25 Posted: 08.12.25 Status: Active 08.12.25

Summary

Price $2,232,000	Built/Renov 2025	Tenant Dutch Bros. Coffee
Cap Rate 5.60%	Lease Type Abs NNN	Guarantor Corp Traded
Size/SF 950	Lease Start 05-19-2025	#Units 700
Price/SF $2,349.47	Expiration 05-31-2040	Tenant Type Fast Food/QSR
NOI $125,000	R. Term 14.8	Ownership Fee Simple
Rent/SF $131.58	Increases 10.0%/6/yrs	Pop 5Mi 127,092
Lot/AC 0.41	Options 3/5yrs/10%	AHHI 5Mi $77,487

Highlights

Brand new 15-year lease commencing May 19, 2025, with three (3) five-year renewal options
The lease features 10% rental increases every five years
Absolute NNN lease | Zero landlord responsibilities
Corporate guarantee

Location Description

Dutch Bros is strategically located along SW Topeka Boulevard/US‑75 Business, a major commercial thoroughfare with an average daily traffic count of approximately 18,747 vehicles. The property boasts prime frontage in a dense retail corridor, surrounded by national retailers such as Starbucks, McDonald’s, Dollar Tree, and Burger King. Nearby schools include Topeka West High School, Farley...

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Key Features

New construction
Build to suit
Major thoroughfare
Dense retail corridor
Dense 100M+ pop 5 mi
Strong demographics
Brand new lease
Long 15+ yr lease
Over 2000 units backed
Corporate Guarantee

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Links

Dutch Bros. Coffee Wikipedia, Dutch Bros. Coffee Wikipedia, Topeka, KS Zip Code 66611 Broker Site Page

Maps

Local Information

1 Mile
3 Miles
5 Miles

Tenant

Tenant: Dutch Bros. Coffee
Guarantor:Corp Traded
Company:Boersma Bros. LLC
# Units:700
Stock: NYSE: BROS

About Tenant

Dutch Bros. Coffee (NYSE: BROS) is a drive-through, specialty coffee chain with company-owned and franchised locations expanding throughout the western United States. Most of its stores are...

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Demographics

	1 Miles	3 Miles	5 Miles
2030 Total Population :	7,625	65,829	125,523
2025 Total Population :	7,664	66,454	126,737
2025 Employed Civilian Pop :	3,545	32,998	62,803
2025 Total Businesses :	437	3,278	6,017
2025 Average Household Income :	$ 65,075	$ 72,751	$ 79,601
2025 Total Consumer Spending :	$ 183 M	$ 1795 M	$ 3801 M
2025 Median Age :	38	37	40
2025 Total Households :	3,204	28,081	54,533
2025 Pop Age 25+: Bachelor's Degree :	902	8,274	17,244
2025 Average Home Value :	$ 159,836	$ 171,080	$ 211,804

*ESRI data is presented for informational purposes only

Traffic

Collection Street	Cross Street	Year	Traffic Vol	Distance
Southwest Topeka Boulevard	SE 45th St	2021	18,854	0.06 mi
	SW 32nd Ter	2021	9,350	0.29 mi
	SW 32nd Ter	2021	9,350	0.29 mi
Southwest 29th Street	SW 29th St	2018	17,360	0.31 mi
Southwest 29th Street	SW Armco Dr	2021	15,010	0.33 mi
	SW Van Buren St	2021	2,266	0.43 mi
	SW Van Buren St	2021	2,266	0.43 mi
Southwest 29th Street	SW Central Park Ave	2021	15,286	0.46 mi
	SW Westview Ave	2021	1,146	0.53 mi
	SW Westview Ave	2021	1,146	0.53 mi

Listing Broker

Ian Schroeder

CBRE: NLPG Newport

Contact

21 Listings
7576 Views
9 Sold

Melissa Ley Marshall

CBRE: NLPG Newport

Contact

22 Listings
7576 Views
9 Sold

Ian Schroeder

Ian Schroeder joined CBRE in July 2013 as Senior Vice President, specializing in the sale and disposition of NNN single-tenant properties and arranging sale leaseback transactions throughout the United States. Schroeder's expertise includes working with a wide spectrum of major national real estate developers, institutions and private clients in the disposition of their real estate assets. He maintains intimate knowledge of national market trends and valuations, and is a highly-skilled negotiat

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Melissa Ley Marshall

Melissa Ley Marshall is First Vice President and Partner of CBRE’s Net Lease Property Group in Newport Beach, California. She specializes in the acquisition and disposition of NNN single-tenant retail properties throughout the United States and has closed $1 Billion in investment volume throughout her career. Melissa manages the entire sales process, from underwriting and valuation to offer negotiations, working relentlessly to deliver best results for her private and institutional clients.

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