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| Price $2,397,000 | Built/Renov 2022 | Tenant Dutch Bros. (GL) |
| Cap Rate 3.75% | Lease Type
Abs NNN | Guarantor Corp Traded |
| Size/SF
850
| Lease Start
12-01-2022
| #Units
740
|
| Price/SF $2,820.00 | Expiration
11-30-2037
| Tenant Type Fast Food/QSR |
| NOI $89,900 | R. Term 12.7 | Ownership Ground Lease |
| Rent/SF
$105.76
| Increases 10.0%/5/yrs | Pop 5Mi 158,147 |
| Lot/AC 0.63 | Options 5/5yrs/10% | AHHI 5Mi $102,748 |
| | |
Dutch Bros is strategically located near the hard corner, signalized intersection of W. Bailey Boswell Road and N. Old Decatur Road, averaging a combined 36,000 vehicles passing by daily. Additionally, Dutch Bros is ideally located across from a Walmart Supercenter, a premium big-box retailer that significantly increases consumer draw to the immediate trade area. Other nearby national/credit...
...New construction
Signalized intersection
Hard corner intersection
Top 100 MSA
Affluent AHHI $100K 5 Mi
Income tax free state
Long 15+ yr lease
Absolute NNN
Corporate Guarantee
Publicly traded company
Dutch Bros. Coffee is a drive-through , specialty coffee chain with company-owned and franchised locations expanding throughout the western United States . As of June 2021,...
| 1 Miles | 3 Miles | 5 Miles | |
| 2027 Total Population : | 11,133 | 90,132 | 199,538 |
| 2022 Total Population : | 10,809 | 83,528 | 171,363 |
| 2022 Employed Civilian Pop : | 5,426 | 42,371 | 86,818 |
| 2022 Total Businesses : | 230 | 1,093 | 3,000 |
| 2022 Average Household Income : | $ 117,442 | $ 115,219 | $ 115,003 |
| 2022 Total Consumer Spending : | $ 344 M | $ 2612 M | $ 5478 M |
| 2022 Median Age : | 34 | 33 | 33 |
| 2022 Total Households : | 3,453 | 26,624 | 55,808 |
| 2022 Pop Age 25+: Bachelor's Degree : | 1,940 | 13,567 | 28,202 |
| 2022 Average Home Value : | $ 305,060 | $ 277,705 | $ 290,893 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| W Bailey Boswell Rd | Bryson Ln | 2012 | 15,995 | 0.06 mi |
| Old Decatur Rd | Wayside Middle School Rd | 2012 | 9,527 | 0.08 mi |
| W Bailey Boswell Rd | Wayside Middle School Rd | 2012 | 17,745 | 0.15 mi |
| Old Decatur Rd | Hillcrest | 2012 | 5,821 | 0.19 mi |
| Fair Meadows Dr | Meadowview Dr | 2004 | 170 | 0.43 mi |
| W Bailey Boswell Rd | N Saginaw Blvd | 2012 | 14,613 | 0.52 mi |
| Cole Ave | Dennis Dr | 2004 | 260 | 0.52 mi |
| W Bailey Boswell Rd | Twin Mills Blvd | 2010 | 15,013 | 0.61 mi |
| North Saginaw Boulevard | Old Decatur Rd | 2020 | 9,414 | 0.64 mi |
| North Saginaw Boulevard | Old Decatur Rd | 2019 | 10,123 | 0.64 mi |
Soledad, CA
Cap Rate 4.50%
Lease Abs NNN
R. Term 14.70 yrs
Size/SF 950
Davenport, FL
Cap Rate 4.50%
Lease Abs NNN
R. Term 14.10 yrs
Size/SF 950
McKinney, TX
Cap Rate 4.00%
Lease Abs NNN
R. Term 12.00 yrs
Size/SF 2,063
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
