11220 S Lone Elm Rd
Olathe, KS 66061

Northmarq is pleased to offer for sale this exclusive single-tenant drive-thru Dutch Bros property located in Olathe, KS - 20 miles South of Downtown Kansas City. This brand-new construction corporately guaranteed Dutch Bros features a new 15-year lease that calls for 10% increases every 5 years in the base term and each renewal option. The property is strategically located near the intersection of S Lone Elm Rd & College Blvd, two primary arterials of Olathe. This area benefits from excellent traffic drivers such as the K-State University Campus, Kansas Bioscience Park, College Boulevard Activity Center, 7 schools, 2 senior care facilities, 3 churches, medical offices, adjacent retail, and recently built high-income single-family home subdivisions. The area has seen strong interest from national retailers, and new developments are well underway. According to CoStar, a new Whole Foods and several large mixed-use developments highlight the pipeline. This Dutch Bros will directly benefit from Olathe’s growth - “many new multifamily and industrial projects [have been] recently delivered or in the pipeline, companies are following a growing residential and workforce population.” – CoStar. This is an opportunity for the investor to capitalize on Olathe’s expected long-term growth as a top ranked Midwestern hotspot, and Dutch Bros rapidly expanding brand.