Starbucks/Heartland Dental - Lino Lakes, MN
601 Apollo Dr, Lino Lakes, MN, 55014, US
₩6,963,918,000 | 598 m²
Description
Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to offer the opportunity to acquire the fee simple interest in the brand-new construction, single-tenant Dutch Bros located at 100 Osborne Way in Georgetown, Kentucky (“Property” or “Asset”). The Property is occupied by Boersma Bros (“Tenant”, dba “Dutch Bros”) which will operate on a 15.0-year absolute NNN lease with 10% rent increases every 5 years, four, five-year options and zero landlord responsibilities.
KY Broker of Record: Doug Owen - KY License #: 201917
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Attributes
Asking price
₩4,698,531,000
Cap rate
5.25%
NOI
₩246,698,000
WAULT
15 years
Year built
2025
Building area net
88 m²
Land area gross
0.32 ha
Media
Investment Highlights
- 15.0-year absolute NNN lease with zero landlord responsibilities
- Outparcel to the #1 most visited Walmart in a 15-mile radius
- 2 miles from Toyota's largest production facility with 10,000+ employees
- Georgetown is Kentucky's fastest growing city
- Strong demand characteristics driven by 1-mile AHHI of $113K with 62% population growth since 2010
- Signalized intersection adjacent to I-75 with 75,000 VPD
Contact brokers
Dutch Bros - Georgetown, KY (0 Properties)
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Last updated
24 Sep 2025
