Broker of Record - Brian A. Kaplan - TX License No 591047 Faris Lee Investments is pleased to offer a STNL freestanding, corporate-guaranteed Dutch Bros Coffee on an absolute triple net lease in Amarillo, TX. This is a rare opportunity to acquire fee simple ownership of a Dutch Bros location, which offers potential tax benefits through depreciation. The newly constructed property, which opened in April 2023, is secured by a long-term 15-year lease with three (5-year) renewal options, offering potential total lease terms of up to 30 years. The lease stipulates 10% rental increases every five years, ensuring a growing income stream and a robust hedge against inflation. The completely passive investment also boasts a double drive-thru, further providing intrinsic real estate value and customer convenience. Dutch Bros Coffee, established in 1992, has grown into the third largest coffee chain in the U.S., with over 900 locations in 18 states. Dutch Bros has been publicly traded on the NYSE (BROS) since 2021 and has demonstrated remarkable growth since, achieving a market capitalization of $7.32 billion as of November 2024. With an impressive average annual revenue growth rate of 42% since going public, Dutch Bros achieved over $965 million in revenue for 2023. The subject property is ideally located along Soncy Road, a high-traffic route to Interstate 40 in Amarillo, TX, with over 28,000 vehicles passing daily. The area boasts a strong population of over 119,000 people and 48,000+ employees within a 5-mile radius. Amarillo is a key economic hub for the Texas Panhandle, with major industries including agriculture, manufacturing, and healthcare. The region is home to more than 25% of U.S. beef production, and major employers like Medical Center Park and a new Amazon fulfillment center add to the area’s growth. With low taxes and a reasonable cost of living, this location is ideal for businesses looking to tap into a thriving consumer and workforce base. The city of Amarillo has a population of approximately 200,000 people.