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Restaurant

Dutch Bros Corporate Ground Lease

Woodrow Bean Transmountain Dr, El Paso, TX 79924

Listing Price: $1,460,000

Cap Rate
5.00%
Tenant Name
BB Holdings TX, LLC
Years Remaining On Lease
14.8
Gross SF
950
Guarantor
Corporate Guarantee
Rentable SF
950
Price/Gross SF
$1,536.84
Lease Type
NNN Ground Lease
Rent Per Square Feet
$76.84

Investment Overview

Marcus & Millichap is pleased to present for sale, Dutch Bros. Cofee in El Paso, Texas. Dutch Bros. Coffee was founded in 1992 in Grants Pass, Oregon by Dane and Travis Boersma, brothers of Dutch descent. Today, Dutch Bros. Coffee is the country’s largest, privately held drive-thru coffee company. Dutch Bros. now has approximately 603 stores open in 14 states and is planning on heavy growth. El Paso, the county seat of El Paso County, is the second-largest city in the Southwest United States. The city of El Paso is home to the largest metro area that runs along the Texas-Mexico border and is a top 20% U.S. performing economy. As one of the most expansive manufacturing centers in North America and home to the greatest bilingual and bi-cultural workforce of the Western Hemisphere, El Paso is a recognized global economic competitor.

Investment Highlights

  • Brand New 15-Year Absolute Triple-Net (NNN) Ground Lease with Corporate Guaranty (NYSE: BROS)
  • 10 Percent Rental Increases Every Five Years
  • Densely Populated Location within El Paso, the Largest Metro Area Along the Texas-Mexico Border and a Top 20 Percent U.S. Performing Economy
  • Excellent Visibility and Access Along Woodrow Bean Transmountain Drive (Over 37,000 Cars per Day)
  • Surrounded by National Retailers - Walmart, Lowe's, AMC Theaters, Olive Garden, McDonald's, Starbucks, Taco Bell, and More
  • One Mile North of El Paso Community College's Transmountain Campus
  • New High-Quality 2022 Construction
  • Centrally Located within a 20-Minute Drive of El Paso International Airport, Downtown El Paso, and The University of Texas at El Paso

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s) TX: 9002994

    Texas

Financing By

Restaurant

Dutch Bros Corporate Ground Lease

Listing Price: $1,460,000

Cap Rate
5.00%
Tenant Name
BB Holdings TX, LLC
Years Remaining On Lease
14.8
Gross SF
950
Guarantor
Corporate Guarantee
Rentable SF
950
Price/Gross SF
$1,536.84
Lease Type
NNN Ground Lease
Rent Per Square Feet
$76.84

Investment Highlights

  • Brand New 15-Year Absolute Triple-Net (NNN) Ground Lease with Corporate Guaranty (NYSE: BROS)
  • 10 Percent Rental Increases Every Five Years
  • Densely Populated Location within El Paso, the Largest Metro Area Along the Texas-Mexico Border and a Top 20 Percent U.S. Performing Economy
  • Excellent Visibility and Access Along Woodrow Bean Transmountain Drive (Over 37,000 Cars per Day)
  • Surrounded by National Retailers - Walmart, Lowe's, AMC Theaters, Olive Garden, McDonald's, Starbucks, Taco Bell, and More
  • One Mile North of El Paso Community College's Transmountain Campus
  • New High-Quality 2022 Construction
  • Centrally Located within a 20-Minute Drive of El Paso International Airport, Downtown El Paso, and The University of Texas at El Paso

Investment Overview

Marcus & Millichap is pleased to present for sale, Dutch Bros. Cofee in El Paso, Texas. Dutch Bros. Coffee was founded in 1992 in Grants Pass, Oregon by Dane and Travis Boersma, brothers of Dutch descent. Today, Dutch Bros. Coffee is the country’s largest, privately held drive-thru coffee company. Dutch Bros. now has approximately 603 stores open in 14 states and is planning on heavy growth. El Paso, the county seat of El Paso County, is the second-largest city in the Southwest United States. The city of El Paso is home to the largest metro area that runs along the Texas-Mexico border and is a top 20% U.S. performing economy. As one of the most expansive manufacturing centers in North America and home to the greatest bilingual and bi-cultural workforce of the Western Hemisphere, El Paso is a recognized global economic competitor.

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s): TX: 9002994

    Texas

Financing By

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