Dutch Bros Coffee 519 Bandera rd

Investment Highlights

Executive Summary

CBRE is pleased to present a Corporate Dutch Bros Coffee for sale located at 519 Bandera Road in San Antonio, TX. The Property includes a +/- 950 SF newly constructed single tenant drive-thru building on a .73 acre street frontage parcel. The property benefits from being uniquely situated on the busy commuter roads, Bandera Rd. and Cincinnati Ave., which see 25,000+ vehicles per day and is strategically located in a dense retail corridor, with many national retailers nearby, including Walmart Supercenter, H-E-B and Raising Cane?s.The asset offers ideal retail demographics with over 160,000 people, 54,000 households and 5,000 high school students in a 3-mile radius. Showing a long term commitment to the location, Dutch Bros has signed a brand new 15 year lease with Three 5-Year Options. The Lease calls for 10% rental increases every 5 years, offering a nice hedge against inflation. In the third quarter of 2023, Dutch Bros reported a 33.15% increase in total revenue as compared to the same period last year, with revenue growing to $264.51 million. Dutch Bros recently went public in September 2021 and is valued at over $4.5 billion. This investment is perfect for a principal looking for a passive, long term investment with a credit tenant in a tax free state.

• Sale Type    Investment NNN
• Property Type    Retail
• Property Subtype    Fast Food
• Building Size    950
• Building Class    C
• Year Built    2024
• Price    2,419,048
• Price Per SF    2,546
• Cap Rate    5.25
• NOI    127,000
• Tenancy    Single
• Building Height    1 Story
• Building FAR    0.03
• Land Acres    0.73 AC

• Corner Lot
• Pylon Sign
• Signalized Intersection
• Drive Thru