Dutch Bros Secures Lease for New Peoria Location
The coffee chain has finalized a lease agreement to open its first shop in the northern part of Peoria.
Updated on Oct. 21, 2026 in Openings & Closings
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Dutch Bros has officially secured a lease at The Shops at Lake Pleasant, marking its debut in northern Peoria. The site is located at the intersection of Lake Pleasant Parkway and Yearling Road, situated just north of Someburros.
Why it matters
The expansion brings the popular coffee chain to a previously underserved section of northern Peoria. This development adds to the retail mix at The Shops at Lake Pleasant, which is owned by developer Vestar.
Dutch Bros signed a lease for a space within The Shops at Lake Pleasant development. As of October 14, 2026, the specific lot at Lake Pleasant Parkway and Yearling Road remained completely undisturbed.
The players
Dutch Bros
Dutch Bros is a drive-thru coffee chain known for its signature drinks and customer service.
Vestar
Vestar is a major commercial real estate developer that owns and manages retail developments including The Shops at Lake Pleasant.
GPS Commercial Advisors
GPS Commercial Advisors is a commercial real estate firm that facilitates lease transactions for retail properties.
The details
The property was secured through a commercial lease agreement between the coffee chain and the developer, Vestar. This location will be positioned north of the existing Someburros restaurant in the same retail development.
Timeline
GPS Commercial Advisors announced the lease closing during 2026.
The construction site remained in an undisturbed state as of October 14, 2026.
Market Landscape
This move continues the strategic growth and retail densification seen within The Shops at Lake Pleasant development. It places Dutch Bros in a highly competitive local corridor currently anchored by other established commercial tenants.
Local residents in northern Peoria can anticipate an additional coffee service option at The Shops at Lake Pleasant once construction concludes. There is no impact on current retail pricing or existing customer loyalty programs at this time.
The takeaway
The addition of this site signifies continued infrastructure and retail interest in the northern Peoria corridor. Residents should watch for future site preparation and construction milestones as the timeline for the store opening becomes clearer.
Further reading
For more updates on local retail growth, visit the Peoria Openings & Closings section.
Source note: This article includes information reported by AZ Central.
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