Brand New 15 Yr. Absolute NNN Lease – Dutch Bros (NYSE: BROS) – Just Opened!

• Trophy Coastal City – Shadow Anchored by Home Depot/Lowe’s/Target/Panama City Mall
• Best-in-Class, Drive-Thru-Only Coffee Brand – Fastest Growing Coffee Chain – Market CAP $9B+
• Florida is #1 Growth State in the U.S. – Ranked #1 “Best State for Business” by CNBC (2025)
• 2025 Double Drive-Thru Prototype – Huge AUVs Nationwide – 10% Bumps – Strong Intrinsics