Dutch Bros Coffee

809 W Green St, Urbana, IL 61801

$3,223,000

Cap Rate 5.25%

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Updated: 09.15.25 Posted: 09.15.25 Status: Active 09.15.25

Summary

Price $3,223,000	Built/Renov Under construction	Tenant Dutch Bros Coffee
Cap Rate 5.25%	Lease Type Abs NNN	Guarantor Corp Traded
Size/SF 1,043	Lease Start 11-01-2025	#Units 700
Price/SF $3,090.12	Expiration 11-01-2040	Tenant Type Fast Food/QSR
NOI $169,200	R. Term 15.1	Ownership Fee Simple
Rent/SF $162.22	Increases 10.0%/6/yrs	Pop 5Mi 140,931
Lot/AC 0.62	Options 3/5yrs/10%	AHHI 5Mi $82,058

Highlights

Brand new Dutch Bros drive-thru with walk-up window, opening Q4 2025.
Corporate 15-year Absolute NNN lease with zero landlord responsibilities.
10% rental increases every five years, including renewal options.
Fee simple ownership of land and building with depreciation benefits.
Located adjacent to University of Illinois with 59,000+ students.
Hard-corner parcel at Green Street and Lincoln Avenue, prime Campustown location.
Offered at $3,223,000 with initial NOI of $169,200 (5.25% cap).
5-mile trade area: 140,931 residents, $82,058 average household income.

Location Description

Dutch Bros is strategically located along W. Green Street at the intersection of S. Lincoln Avenue in Urbana, Illinois, with access to a daily traffic count of approximately 14,000 vehicles on Lincoln Avenue and 5,000 vehicles on Green Street. The site is surrounded by major national retailers and community destinations including Carle Hospital, OSF Heart of Mary Medical Center, Lincoln Square...

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Key Features

New construction
Signalized intersection
Major thoroughfare
Near major nationals
Strong demographics
Business growth area
Brand new lease
Long 15+ yr lease
Traded and rated company
Corporate Guarantee

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Links

Dutch Bros Wikipedia Dutch Bros Wikipedia Urbana, IL Zip Code 61801 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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Listing Broker

Hunter Steffien

Faris Lee Investments

Contact

24 Listings
7731 Views
12 Sold

Tyler Strauss

Faris Lee Investments

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19 Listings
5587 Views
9 Sold

Hunter Steffien

As a Director at Faris Lee Investments, Hunter Steffien specializes in the acquisition and disposition of net leased investments with a specific focus Single Tenant Assets. Mr. Steffien hit the ground running with Faris Lee Investments by quickly becoming a top performer in the company and earning an astounding reputation amongst his clients who consist of private-office owners, developers, REITS, franchisees & corporate restaurant chains. Mr. Steffien’s early and continued success is based

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Tyler Strauss

As an Associate at Faris Lee Investments, Mr. Strauss specializes in the acquisition and disposition of single-tenant net leased investments, national portfolios and sale/leasebacks nationwide. Furthermore, Tyler specializes in creative solutions including but not limited to lease structure, development advisory, break-ups, and pre-sale strategies. In addition, his clients benefit from his financial counsel and ability to produce customized marketing programs to maximize the best outcome. Mr. S

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