About This Restaurant
Investment Highlights
Corporate Lease - 830+ Locations Across 16 States 10% Rental Increases Every 5 Years - Next Increase in Jan 2027 Dense Retail Corridor - Income Tax-Free State Triple Net (NNN) Ground Lease - 12.6 Years Remaining 292K Residents Within 5-Miles - Dual Drive Thru Location Dallas Fort Worth Metroplex - 15 Mins From DFW Airport
Executive Summary
Dutch Bros is the 3rd largest coffee chain in the U.S. with over 830 locations in 16 states. They opened 159 new locations and reached nearly $1 billion in revenue in 2023.
Property Details
- Sale Type Investment NNN
- Property Type Retail
- Property Subtype Freestanding Freestanding General Retail Fast Food General Retail Restaurant Freestanding
- Building Size 956
- Building Class B
- Year Built 2021
- Price 1,752,000
- Price Per SF 1,833
- Cap Rate 5.25
- NOI 92,000
- Tenancy Single
- Building Height 1 Story
- Building FAR 0.04
- Land Acres 0.62 AC
Nearby Amenities & Transportation
Retail | Starbucks | ||
Retail | Winco Foods | ||
Retail | Taco Bueno | ||
Retail | Mod Pizza | ||
Retail | Crunch | ||
Retail | Wingstop | ||
Retail | PJ's Coffee of New Orleans | ||
Retail | Fuzzy's Taco Shop | ||
Retail | Bank of America | ||
Retail | Jack In The Box |
Date Created: | 2024-07-16 04:23:45 | Last Updated: | 2024-07-16 04:23:45 |
Address: | 5205 Rufe Snow Dr , North Richland Hills, Texas, 76180 |