Building Details

Year Built 2026

Tenancy Single

Listing Agency: Cushman & Wakefield - Sacramento, California

Listed By: Michael Yuras · License #CA 01823291 Show Phone

Source: Crexi

Added: Mar 31 Changed: Aug 13 Last Checked: Sep 3 at 11:17AM

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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 Cushman & Wakefield - Sacramento, California

Investment Insights

Based on property information with market context.

This absolute NNN drive-thru coffee property is leased to Dutch Bros under a new 15-year term. The lease includes scheduled 10% rental increases every five (5) years during the initial term, along with three (3) option periods of five (5) years each. Dutch Bros is responsible for all taxes, insurance, and maintenance, including roof, structure, and parking lot, supporting a fully passive ownership structure.

The property is located at 502 IAA Dr, Bloomington, IL 61701. The offering is supported by company performance disclosures included in the remarks, including year-over-year Q4 2025 revenue growth and 2026 revenue projections.

At this time, the provided information focuses on the lease structure and tenant responsibility for ongoing property expenses.

Key Highlights

• New 15‑year absolute NNN lease to Dutch Bros (drive‑thru coffee)
• Scheduled 10% rental increases every 5 years during the initial term and each option period
• Tenant responsibility includes all taxes, insurance, and maintenance, including roof, structure, and parking lot

Property Analytics

Property Profile

Current Use

Bandana's Bar-B-Q- Bloomington Take-out & Catering

Suggested Use

Top Pick Building Supply Parking Lot & Garage HVAC Service Big Box & Wholesale Store Grocery & Convenience Store Food Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

70,000 VPD

Traffic count

Location Intelligence

Trade Area within ½ mile

1,694

Businesses Nearby

499k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Dining 31% Apparel 25% Home Improvements & Furnishings 19% Shops & Services 18%

Kohl's Apparel

66,675 visits/mo 0.2 miles

HomeGoods Home Improvements & Furnishings

47,034 visits/mo 0.2 miles

DICK'S Sporting Goods Apparel

43,917 visits/mo 0.2 miles

Lowe's Home Improvements & Furnishings

34,456 visits/mo 0.5 miles

Texas Roadhouse Dining

32,628 visits/mo 0.3 miles

Demographics for 61701, IL

34,497

Population

18,038

Households

1.9

Avg Household Size

37

Median Age

37%

College-Educated

92%

High-School Grad

11.0 sq mi

ZIP Area

3,136

Density / Sq Mi

$55,882

Median Household Income

$37,674

Median Earnings

$873

Median Rent

$138,600

Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

Questions? Ask Rey

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What type of property is this? Where is this nnn properties located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

NNN property - Absolute NNN drive-thru leased to Dutch Bros on a 15-year term with scheduled rent increases.

Where is this nnn property located?

The property is located at 502 IAA Dr Bloomington, IL.

What is the asking price?

The asking price for this property is $3,009,000.

What are key features of this property?

This property features: New 15‑year absolute NNN lease to Dutch Bros (drive‑thru coffee); Scheduled 10% rental increases every 5 years during the initial term and each option period; Tenant responsibility includes all taxes, insurance, and maintenance, including roof, structure, and parking lot