Dutch Bros.

13956 N Sandario Rd, Marana, AZ 85653

$2,282,828

Cap Rate 4.95%

$2,260,000

Cap Rate 5.00%

DOM: 57 Updated: 05.23.23 Posted: 04.23.23 Status: Sold 06.20.23

Summary

Price $2,282,828 $2,260,000	Built/Renov 2023	Tenant Dutch Bros.
Cap Rate 4.95% 5.00%	Lease Type Abs NNN	Guarantor Corp Traded
Size/SF 950	Lease Start 02-15-2023	#Units 716
Price/SF $2,402.98 $2,378.95	Expiration 02-28-2038	Tenant Type Fast Food/QSR
NOI $113,000	R. Term 12.7	Ownership Fee Simple
Rent/SF $118.95	Increases 10.0%/5/yrs	Pop 5Mi 15,223
Lot/AC 0.71	Options 3/5yrs/10%	AHHI 5Mi $108,485

Highlights

New 2023 construction
Brand-new 15 year lease with 3 (5-year) options to extend
Lease features 10% rent increases every 5 years and at the start of option periods
Absolute NNN with zero landlord responsibilities
Corporate guarantee by Dutch Bros, Inc. (Boersma Bros. LLC)

Location Description

This newly constructed Dutch Bros. is strategically located just off the I-10 major thoroughfare and connecting highway between Phoenix and Tucson which sees 51,522 vehicles per day. The site is adjacent to future 40+ acre mixed-use center including a Walmart and current national neighboring tenants such as: McDonald's, Jack In the Box, Circle K, Starbucks, Taco Bell, Family Dollar, NAPA and...

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Key Features

New construction
Major thoroughfare
Strategically located
Freeway visibility
Top 100 MSA
Affluent AHHI $100K 5 Mi
Brand new lease
Long 15+ yr lease
Absolute NNN
Corporate Guarantee

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Links

Dutch Bros. Wikipedia Dutch Bros. Wikipedia Marana, Arizona Zip Code 85653 Broker Site Page

Maps

Local Information

1 Mile
3 Miles
5 Miles

Tenant

Tenant: Dutch Bros.
Guarantor:Corp Traded
Company:Dutch Bros, Inc. (Boersma Bros. LLC)
# Units:716
Stock:NYSE: BROS

About Tenant

Dutch Bros. Coffee (NYSE: BROS) is a drive-through , specialty coffee chain with company-owned and franchised locations expanding throughout the western United States . The...

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Demographics

	1 Miles	3 Miles	5 Miles
2028 Total Population :	3,479	14,147	17,626
2023 Total Population :	3,353	13,694	16,806
2023 Employed Civilian Pop :	1,988	6,580	7,830
2023 Total Businesses :	78	142	201
2023 Average Household Income :	$ 100,920	$ 109,855	$ 114,401
2023 Total Consumer Spending :	$ 95 M	$ 420 M	$ 560 M
2023 Median Age :	59	38	39
2023 Total Households :	1,106	4,432	5,681
2023 Pop Age 25+: Bachelor's Degree :	329	1,917	2,611
2023 Average Home Value :	$ 329,459	$ 306,596	$ 329,329

*ESRI data is presented for informational purposes only

Traffic

Collection Street	Cross Street	Year	Traffic Vol	Distance
North I-10 Frontage Road	N Sandario Rd	2018	1,252	0.08 mi
	N Sandario Rd	2021	7,500	0.09 mi
North Sandario Road	I- 10	2021	10,221	0.14 mi
	N Sandario Rd	2021	1,129	0.15 mi
I-10 Exit 236 C-Ramp	W Chise Canyon Trl	2020	3,957	0.16 mi
	W Chise Canyon Trl	2021	4,665	0.16 mi
North I-10 Frontage Road	N Sandario Rd	2021	1,385	0.16 mi
North Casa Grande Highway	W Chise Canyon Trl	2018	406	0.18 mi
North Casa Grande Highway	Cochie Canyon Trl	2021	551	0.24 mi
N Sandario Rd	W Denny St	2011	4,000	0.29 mi

Listing Broker

Chris Hollenbeck

Cushman & Wakefield

Contact

37 Listings
7803 Views
31 Sold

Shane Carter

Cushman & Wakefield

Contact

37 Listings
7794 Views
31 Sold

Chris Hollenbeck

Mr. Hollenbeck is a member of a multi-service retail team that delivers comprehensive, integrated real estate services to retail investors, developers and occupiers. He specializes in Capital Markets and manages his team’s national Investment Services Portfolio. Mr. Hollenbeck has an extensive history in the sale of retail properties through his past and current career experience at a national development company. Since moving to commercial retail brokerage, he completed over 1,000 transactions

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Shane Carter

Shane Carter is a member of a multi-service retail brokerage team in Phoenix, Arizona along with Chris Hollenbeck and Brent Mallonee. One of Arizona’s premier retail teams, they are able to assist clients with expertise in site acquisition, project development, project leasing and investment sales. Working in conjunction with his team, Shane has been able to provide prominent owners, users and developers with astute acquisition, disposition and market growth strategies. Since starting his comme

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