•	Boersma Bros. LLC Corporate guaranteed lease
•	New, 15-year lease with 3 (5-year) options to extend, demonstrating their commitment to the site
•	The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation.
•	Dutch Bros is the 3rd largest coffee chain in the U.S. with over 1,040 locations across 18 states with a long-term goal of reaching 4,000+ locations
•	Dutch Bros holds an industry-leading AUV of over $2MM

Largo FL - Dutch Bros OM.pdf

•	The Dutch Bros is an outparcel to a Sprouts Farmers Market anchored center that also features national/credit tenants including Dollar General, Little Ceasars, McDonald’s, Panda Express, as well as other local tenants
•	The asset is located within walking distance to East Bay Plaza, a 75,000 square foot Publix anchored center that also includes many national/credit tenants such as a Harbor Freight, Family Dollar, Happy’s Rent to Own, Burger King, Dunkin’, and more

Largo, FL - Dutch Bros

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<p>Ivy Kwon joined SRS Real Estate Partners in 2017 and is a Senior Marketing Associate in the Newport Beach office. Ivy is responsible for online marketing including social media and email marketing for SRS’ Capital Markets team. She also oversees pipeline management and coordinates events. Before joining SRS, Ivy worked in the entertainment industry doing marketing and merchandising. </p><p>Ivy has a BA degree from Chapman University. </p>

Ivy Kwon

Senior Marketing Associate

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Largo, FL - Dutch Bros

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Aron Cline

Calvin Short

Matthew Coates

Gary Chou