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Project Snapshot
- Total Financing: $2,350,000
- Project Type: Retail / Single-tenant commercial property
- Loan Structure: 90% LTC
- Loan Type: Build-to-Suit
- Term: 24-Month
- Location: South Carolina
NASB recently closed $2.35 million in financing for a new Dutch Bros Coffee property in South Carolina, supporting the continued expansion of one of the nation's fastest-growing drive-thru coffee brands.
Structured as a 90% loan-to-cost build-to-suit loan with a 24-month term, the financing provided a streamlined solution covering both land acquisition and vertical construction. The structure offered the developer a predictable source of funding from initial site work through project completion.
"Build-to-suit developments require a lending partner who understands the timeline, tenant requirements, and realities of development execution," said Adam Thomas, Vice President and Commercial Real Estate Lending Officer at NASB. "Our team works closely with developers to provide financing solutions that help keep projects moving forward and position them for a successful delivery."
From drive-thru coffee concepts and quick-service restaurants to convenience stores and other build-to-suit developments, NASB provides commercial real estate financing solutions designed to help move projects from concept to completion.
For more information about NASB's commercial and investment real estate financing capabilities, visit nasb.com/cre.
