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Restaurant

Dutch Bros Ground Lease

SEC State Highway 184 & N Main Street, Euless, TX 76040

Listing Price: $1,789,000

Cap Rate
4.75%
Tenant Name
BB Holdings TX, LLC
Years Remaining On Lease
14.7
Gross SF
950
Guarantor
Corporate Guarantee
Rentable SF
950
Price/Gross SF
$1,883.16
Lease Type
NNN Ground Lease
Rent Per Square Feet
$89.47

Investment Overview

Marcus & Millichap is pleased to present for sale Dutch Bros in Euless, 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. Euless, is a city in Tarrant County, Texas, and a suburb of Dallas and Fort Worth. The city of Euless is part of the Mid-Cities region between Dallas and Fort Worth. The southwestern portion of Dallas/Fort Worth International Airport is inside the city limits of Euless.

Investment Highlights

  • Brand New 15-Year Absolute Triple-Net (NNN) Ground Lease with Corporate Dutch Bros Guaranty (NYSE: BROS)
  • 10 Percent Rental Increases Every Five Years
  • New High-Quality 2023 Construction with a Drive-Thru
  • Rapidly Growing Trade Area - Households and Population Projected to Increase More Than Seven Percent in the Immediate Area by 2027
  • 231,375 Residents within a Five-Mile Radius - Dallas/Fort Worth MSA
  • Highly Visible and Easily Accessible Location Immediately Off State Highway 183 (130,300 Cars per Day) with Over 31,700 Cars per Day at the Corner of Euless Blvd and Main Street
  • Situated within a Dense Retail Corridor - Neighboring QSR Tenants Include Starbucks, McDonald's, KFC, Sonic Drive-In, and Jack in the Box
  • Average Household Income Exceeds $95,000 within Five Miles of the Site

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 Ground Lease

Listing Price: $1,789,000

Cap Rate
4.75%
Tenant Name
BB Holdings TX, LLC
Years Remaining On Lease
14.7
Gross SF
950
Guarantor
Corporate Guarantee
Rentable SF
950
Price/Gross SF
$1,883.16
Lease Type
NNN Ground Lease
Rent Per Square Feet
$89.47

Investment Highlights

  • Brand New 15-Year Absolute Triple-Net (NNN) Ground Lease with Corporate Dutch Bros Guaranty (NYSE: BROS)
  • 10 Percent Rental Increases Every Five Years
  • New High-Quality 2023 Construction with a Drive-Thru
  • Rapidly Growing Trade Area - Households and Population Projected to Increase More Than Seven Percent in the Immediate Area by 2027
  • 231,375 Residents within a Five-Mile Radius - Dallas/Fort Worth MSA
  • Highly Visible and Easily Accessible Location Immediately Off State Highway 183 (130,300 Cars per Day) with Over 31,700 Cars per Day at the Corner of Euless Blvd and Main Street
  • Situated within a Dense Retail Corridor - Neighboring QSR Tenants Include Starbucks, McDonald's, KFC, Sonic Drive-In, and Jack in the Box
  • Average Household Income Exceeds $95,000 within Five Miles of the Site

Investment Overview

Marcus & Millichap is pleased to present for sale Dutch Bros in Euless, 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. Euless, is a city in Tarrant County, Texas, and a suburb of Dallas and Fort Worth. The city of Euless is part of the Mid-Cities region between Dallas and Fort Worth. The southwestern portion of Dallas/Fort Worth International Airport is inside the city limits of Euless.

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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