Dutch Bros NNN
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For Sale
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2108 State Street, New Albany, IN 47150
Single-tenant coffee building supported by a corporately signed absolute NNN lease.
Property Size950 SF
Lot Size0.88 Acres
Price / SF$3,195
Days on Market5
Property Features for 2108 State Street
General Information
Standard status
Active
Size
950 SF
Lot size
0.88 Acres
Property subtype
Retail
Occupancy
100%
Additional Details
Traffic Count
27,400 vehicles/day
Building Details
Buildings
1
Tenancy
Single
Listing Agency:
Matthews
Listed By:
Ben Burnett · License #370061
(615) 671-4431
Source:
Crexi
Added: Sep 1
Changed: Sep 4
Last Checked: Sep 4 at 2:13PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Matthews
Investment Insights
Based on property information with market context.
This fee-simple property includes a brand-new, 950-square-foot single-tenant Dutch Bros Coffee building on 0.88 acres. The absolute NNN lease is corporately signed and has approximately 15 years remaining, with 10% rent escalations every 5 years during the base term and renewal options.
The property is located at 2108 State Street in New Albany, Indiana, within the Louisville, KY MSA. State Street records north of 27,400 VPD, and the site is adjacent to Baptist Health Floyd Hospital. Nearby national tenants include Target, Kroger Marketplace, Marshalls, Home Depot, McDonald’s, Chick-Fil-A, and Walgreens. The hospital has 248 staffed beds, more than 2,000 employees, and over 600 physicians.
The property is located at 2108 State Street in New Albany, Indiana, within the Louisville, KY MSA. State Street records north of 27,400 VPD, and the site is adjacent to Baptist Health Floyd Hospital. Nearby national tenants include Target, Kroger Marketplace, Marshalls, Home Depot, McDonald’s, Chick-Fil-A, and Walgreens. The hospital has 248 staffed beds, more than 2,000 employees, and over 600 physicians.
Key Highlights
- Brand‑new 950‑square‑foot Dutch Bros Coffee building
- Situated on 0.88 acres at 2108 State Street, New Albany, IN 47150
- Approximately 15 years remaining on an absolute NNN lease
Property Analytics
Current Use
Lease Details
27,400 VPD
Traffic count
100%
Occupancy
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,027
Businesses Nearby
Explore this area
Business Placement
Demographics for 47150, IN
49,395
Population
22,834
Households
2.2
Avg Household Size
39
Median Age
26%
College-Educated
91%
High-School Grad
45.0 sq mi
ZIP Area
1,098
Density / Sq Mi
$62,212
Median Household Income
$40,837
Median Earnings
$984
Median Rent
$191,800
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
NNN property - Single-tenant coffee building supported by a corporately signed absolute NNN lease.
Where is this nnn property located?
The property is located at 2108 State Street New Albany, IN.
What is the asking price?
The asking price for this property is $3,035,714.
What are key features of this property?
This property features: Brand‑new 950‑square‑foot Dutch Bros Coffee building; Situated on 0.88 acres at 2108 State Street, New Albany, IN 47150; Approximately 15 years remaining on an absolute NNN lease
