2026 Build-To-Suit Dutch Bros at 1114 West Seventh St
$2,855,000
1114 West Seventh Street, Auburn, IN 46706
986 SF
Square Feet
$2,896
PPSF
5.75%
CAP
Property Description
NOI
$164,176
Cap Rate
5.75%
2026 BUILD-TO-SUIT DUTCH BROS
The subject property is a 2026 build-to-suit Dutch Bros Coffee featuring their newest prototype, a ±986-SF drive-thru building situated on a 0.54-acre parcel.
ABSOLUTE NET LEASE - NO LANDLORD RESPONSIBILITIES
The tenant operates under an absolute NNN lease, resulting in no landlord obligations. Dutch Bros is responsible for property taxes, insurance, repairs, maintenance, and full roof replacement, providing passive, predictable income for ownership.
NEW 15-YEAR LONG-TERM LEASE
Dutch Bros executed a 15-year corporate lease with 10% rent increases every 5 years and at the start of two (2) five-year option periods, creating built-in income growth and long-term tenancy stability.
NATIONAL CREDIT TENANT WITH STRONG GROWTH AND OPERATING MOMENTUM
Publicly traded tenant with recurring quarterly revenue growth, rising same-store sales, positive traffic trends, and an accelerated development pipeline, supporting strong credit backing and long-term rent security.
PRIME HIGHWAY ACCESS & STRONG VISIBILITY
The property benefits from direct access to I-69, exposing it to 40,000+ AADT, while also fronting W. 7th Street with visibility to an additional 23,800+ AADT - ensuring consistent daily traffic and exposure.
STRATEGIC LOCATION AMONG LEADING NATIONAL BRANDS
The site is surrounded by a dense concentration of national brands including Walmart Supercenter (top 9% nationally - Placer.ai), Kroger, ALDI, Home Depot, Dunham Sports, McDonald’s, Wendy’s, Culver’s, Taco Bell, Starbucks, Chipotle, and others that drive daily consumer activity and spillover traffic.
PROXIMITY TO KEY EMPLOYMENT & COMMUNITY ANCHORS
Located within 3 miles of major demand generators such as Parkview Health (750+ employees), James R. Watson Elementary (570+ students), Downtown Auburn, and the recently expanded Walmart Distribution Center (500+ employees), supporting a positive daytime population and consistent traffic.
Property Details
Asset Type
Retail
Year Built
2026
Zoning
C2
Acres
0.55
Submarket
Auburn
ZIP
46706
Listing Type
sale
Offering Memorandum
Net Operating Income (NOI)
$260,465
Debt Service Coverage Ratio (DSCR)
1.60x
Cap Rate
9.12%
Cash Flow (Annual)
$98,055
Cash-on-Cash Return
13.74%
Monthly Debt Service
$13,534
Annual Debt Service
$162,410
View on Map
Address
1114 West Seventh Street
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Auburn Retail Market Snapshot
Boundary boundary · Retail · Sale
No investors found in this market.