Investment Highlights
Firm Rent Commencement Date: June 1, 2024
Upscale Trade Area with AHI over $177,000
Publicly Traded Company (NYSE: BROS) - Corporate Guarantee: Boersma Bros. LLC
Extreme High Barriers to Entry ? Rare Drive Thru Opportunity
New Construction STNL Dutch Bros. Coffee ? Cameron Park, CA (Sacramento MSA)
Over 830 Locations Open Across 16 States - 150+ New Locations to Open in 2024
Executive Summary
The Snyder Carlton National Net Lease Team is pleased to present a rare opportunity to purchase a brand-new absolute NNN Dutch Bros Coffee ground lease with a 15-year primary term located in the upscale trade areas of Cameron Park, CA. This is a rare opportunity to own a drive thru in El Dorado County which limits new drive thru developments. The rapidly growing and publicly traded drive-thru coffee chain currently operates over 830 locations across 16 states with over 150 locations opening in 2024. With a corporate guarantee, 10% rent increases every 5 years and no landlord responsibilities, this asset is ideal for an investor seeking long term passive cash flows.The property is located within the El Dorado County in the high end Cameron Park community - Sacramento MSA (Population: 2.2 Million). The 950 SF building with double drive-thru?s is positioned along Cameron Park Drive just opposite the Safeway anchored Cameron Park Place Shopping Center and is a block away from El Dorado Freeway/US-50 (72,800+ VPD). Nearby retailers include the high-end grocery store Nugget Markets and Bel Air Market. The surrounding trade area has a population of approximately 161,000 people with average household income over $177,000.
