Dutch Bros Tolleson, AZ (Phoenix MSA)

Favorable 15-year absolute NNN lease with contractual rental increases, zero landlord responsibilities and four (5-year) option periods

Phoenix MSA is a top performing Dutch Bros market, with significantly higher average unit sales volumes than the national chain average

Rapidly ascending concept with 875+ stores nationally and plans for 4,000+ locations by 2038

Backed by high volume franchisee with 19 locations throughout the Phoenix MSA and numerous additional sites planned

Situated within Phoenix’s rapidly expanding West Valley, the Property is poised to benefit from additional 12,600 homes that have been recently delivered or in various stages of development within a five-mile radius

Nestled within the dominant West Valley industrial employment center, underpinning a daytime population of 271,000 people within five miles

Property benefits from immediate proximity to major employers including Amazon (1,030 employees), Albertsons (800 employees), Atlas Retail Services (660 employees), Pepsico (440 employees) and more

Excellent access and visibility from W Van Buren and connectivity to 99th avenue with exposure to a combined 48,400 cars per day