2531 Iowa St Lawrence, KS 66046-4042

This exceptional investment opportunity presents a brand-new, 950-square-foot Dutch Bros Coffee (NYSE: BROS) located at 2531 Iowa St, Lawrence, KS 66046. The property boasts a 15-year absolute triple-net (NNN) lease with a corporate guarantee, ensuring consistent cash flow. Ten percent rent increases are built into the lease every five years, providing significant long-term growth potential. Constructed in 2024, this high-quality building features a drive-thru, capitalizing on the convenience-driven coffee market. Situated on a 0.43-acre lot, the property benefits from excellent visibility on Iowa Street, a thoroughfare with 27,500 vehicles daily. The strong demographics of the area, including 97,467 residents within a 5-mile radius and proximity to the University of Kansas (less than one mile away, with over 30,000 students), contribute to exceptional tenant performance. The property's Net Operating Income (NOI) is $154,000, yielding a 5.75% cap rate. The lease includes multiple renewal options, further enhancing the long-term value of this investment. This is a rare opportunity to acquire a high-performing, nationally branded asset in a thriving market. The asking price is $2,678,200.