•	The tenant recently signed a brand new 15-year lease with 3 (5-year) options to extend, demonstrating their long-term commitment to the site
•	The lease features 10% rental increases every 5 years during the initial term and at the beginning of each option period, growing NOI and hedging against inflation
•	Dutch Bros is the third largest coffee chain in the US with over 1,040 locations throughout 18 states and a long-term goal of hitting 4,000+ stores
•	2025 construction which features high quality materials, distinct design elements, and high-level finishes

Offering Memorandum

•	Dutch Bros is strategically fronting Tamiami Trail (37,500 VPD), a major retail and commuter thoroughfare serving North Port and the surrounding major trade areas
•	Just West of Cocoplum Village Shops, anchored by T.J. Maxx, DICK’S, Hobby Lobby, Old Navy, and more
•	Cocoplum Village Shops ranks in the 95th percentile (1,752 out of 41,434) of all nationwide shopping centers via Placer.ai with 4.9M visitors annually
•	The Publix to the East ranks in the 92nd percentile (5,280 out of 69,058) of all nationwide grocery stores via Placer.ai
•	Across the street from a new development that features MD Now, Culver’s, MUV, KFC, Aspen Dental, and Hampton Inn, furthering the demand for new retail along this corridor
•	Other new developments to East include a newly built HCA Florida Tamiami Trail ER and KIA dealership
•	The surrounding tenants and strong consumer demand for retail will provide long-term viability in the underlying real estate
•	In Q1 2025, The Sarasota County Public Hospital Board approved a $450 million plan to build North Port’s first hospital, less than 5 miles North of the subject property
•	The six-story, 100-bed hospital on North Sumter Boulevard will be built on an undeveloped, 32-acre parcel that Sarasota Memorial Health Care System (SMH) owns

North Port, FL - Dutch Bros

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<p>Kate Gryboski joined SRS Real Estate Partners in 2024 in the Dallas office as a Marketing Associate. In her role, Kate supports the Capital Markets teams producing high-impact marketing materials. Her goal is to create flyers and offering memorandums that capture attention and drive results, contributing to the growth and success of SRS.</p><p>Kate has a B.S. in strategic communications and a minor in psychology from Texas Christian University. </p>

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North Port, FL - Dutch Bros

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Location

Contact

Patrick Nutt

William Wamble