982 Old Bryan Rd O Fallon, MO 63366-3842
- Commercial land
- 1.00 lot acres
Current Use by Public Records
- Commercial land
Property Details for 982 Old Bryan Rd
- Lot size
- 1.00 lot acres
- Property type
- Commercial land
- APN
- 2-0057-D433-00-0002.0000000
- APU
- 20057D4330000020000000
Description
This exceptional investment opportunity presents a brand-new, single-tenant Dutch Bros. drive-thru coffee shop in O'Fallon, Missouri. Located on a one-acre lot at 982 Old Bryan Rd (63366), this 950 square foot building boasts a 20-year absolute NNN corporate lease with Dutch Bros. (NYSE: BROS), commencing February 15, 2025, and expiring February 28, 2045. The lease includes three 5-year renewal options, each with a 10% rent increase. The property benefits from a strong location on a major thoroughfare with high daily traffic counts (23,840 CPD), surrounded by complementary businesses including a McDonald's, Heartland Dental, and Dobbs Tire & Auto, and adjacent to a new luxury villa subdivision and a proposed large sportsplex. The property's proximity to Fort Zumwalt West High School (1,900+ students) ensures a consistent customer base. With a current Net Operating Income (NOI) of $155,000 and an asking price of $2,820,000, this represents a compelling 5.50% cap rate. This passive investment offers significant upside potential given Dutch Bros.' impressive growth trajectory (30.7% year-over-year revenue growth in 2023 and plans for 4,000 stores in the next 10-15 years). The property's strong location, long-term lease, and established tenant make this an attractive addition to any portfolio. The property's APN is 2-0057-D433-00-0002.0000000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- O Fallon
- County
- St. Charles
- State
- Missouri
- Longitude
- -90.7355
- Latitude
- 38.8011
- CBSA code
- 41180
- CBSA name
- ST. LOUIS, MO-IL METROPOLITAN STATISTICAL AREA
