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| Price $2,224,000 | Built/Renov 2024 | Tenant Dutch Bros Coffee |
| Cap Rate 4.50% | Lease Type
Abs NNN | Guarantor Corp Traded |
| Size/SF
950
| Lease Start
01-01-2024
| #Units
700
|
| Price/SF $2,341.05 | Expiration
12-31-2033
| Tenant Type Fast Food/QSR |
| NOI $100,100 | R. Term 8.30 | Ownership Ground Lease |
| Rent/SF
$105.37
| Increases 10.0%/6/yrs | Pop 5Mi 146,494 |
| Lot/AC 0.73 | Options 4/5yrs/10% | AHHI 5Mi $122,062 |
| | |
Brand new 2024 Dutch Bros drive-thru on Fairgrounds Drive at Gateway Drive
10 year Absolute NNN corporate ground lease commencing January 2024
Initial annual rent $100,100 with 10% increases every 5 years
Four 5 year renewal options extending potential lease term to 30 years
Lease guaranteed by BB Holdings CA, LLC a Dutch Bros corporate entity
950 SF building on 0.73 acre parcel with 27 parking spaces
Signalized hard corner location near I-80 CA-37 and CA-29 with 133,000+ ADT
Five mile trade area population 146,494 with $122,062 average household income
Dutch Bros – Vallejo is strategically located along Fairgrounds Drive at the intersection of Gateway Drive in Vallejo, California, with access to a daily traffic count of approximately 32,989 vehicles. The site is surrounded by major national retailers including Target, Costco, Ross, etc., driving consistent consumer traffic to the area. The property is located near several schools,...
...New construction
Signalized intersection
Major thoroughfare
Near major nationals
Top 100 MSA
Strong demographics
Brand new lease
Absolute NNN
Traded and rated company
Corporate Guarantee
Dutch Bros. Coffee (NYSE: BROS) is a drive-through, specialty coffee chain with company-owned and franchised locations expanding throughout the western United States. Most of its stores are...
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Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
