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Dutch Bros 5830 N Antioch Rd

950 SF Retail Building Kansas City, MO 64119 $2,732,000 ($2,876/SF) 5.40% Cap Rate

Investment Highlights

  • New 15-year absolute NNN corporate lease with 10% rental increases every five years
  • Dutch Bros (NYSE: “BROS”) went public in 2021 – now valued at over $5.77 billion
  • In 2023, total revenues grew 30.7% to $965.8 million
  • No landlord management, an ideal opportunity for an out-of-area investor
  • Dutch Bros Inc. is one of the fastest-growing brands in the food service and restaurant industry in the United States by location count

Executive Summary

This Dutch Bros is a high-visibility location on Northeast Antioch Road, offering excellent visibility and access to 27,069 vehicles per day » The property maintains convenient access to Interstate 29 (89,845 AADT), adding additional commuting and shopping traffic. The site is surrounded by many other top national tenant including Walmart, Target, Lowe’s, PetSmart, Burlington, Five Guys, Taco Bell, Walgreens, Planet Fitness, and more. Dutch Bros sits only minutes away from several industrial areas, including the North Kansas City Manufacturing District (20,000+ daytime workforce). 243,145 residents live within a five-mile radius of the property, providing Dutch Bros with a stable and consistent customer base. The subject property resides in an affluent area, with the average annual household income exceeding $105,000, far above both the national average

Property Facts

Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Fast Food
Building Size
950 SF
Building Class
B
Year Built
2024
Price
$2,732,000
Price Per SF
$2,876
Cap Rate
5.40%
NOI
$147,500
Tenancy
Single
Building Height
1 Story

Nearby Major Retailers

MOD Pizza
Starbucks
Dutch Bros Inc.
Five Guys
Walmart Neighborhood Market
Bank of America
Planet Fitness
WW
Scooter's Coffeehouse
9round Fitness
  • Listing ID: 33462577

  • Date on Market: 10/9/2024

  • Last Updated:

  • Address: 5830 N Antioch Rd, Kansas City, MO 64119

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