Marcus & Millichap brokers $3.13 million sale of net-leased Dutch Bros site in Indiana - MMI News | RalliesMarcus & Millichap brokers $3.13 million sale of net-leased Dutch Bros site in Indiana
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MMI• Sale of Dutch Bros property in Valparaiso
- Marcus & Millichap brokered the sale of a newly built, net-leased Dutch Bros property in Valparaiso, Indiana for USD 3.13 million.
- Asset totals 2,495 square feet at 2510 Laporte Avenue, a Target outlot within Valparaiso Market Place.
- Lease runs 15 years on an absolute triple-net basis, backed by a corporate guarantee from Boersma Bros, LLC.
- Deal drew multiple offers, closing at more than 96% of the listing price to an Indiana-based buyer.
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