Skip to main content

Restaurant

New Dutch Bros (NYSE: BROS) | 15-Year Abs. NNN | Infill San Antonio, TX

2633 Nacogdoches Rd, San Antonio, TX 78217

Listing Price: $2,463,100

Cap Rate
4.75%
Tenant Name
BB Holdings TX, LLC
Years Remaining On Lease
14.9
Gross SF
950
Guarantor
Corporate Guarantee
Rentable SF
950
Price/Gross SF
$2,592.74
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$123.16

Investment Overview

Marcus & Millichap is proud to present for sale Dutch Bros Coffee in San Antonio, 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 one of the largest publicly-traded drive-thru coffee companies with approximately 671 stores open in 14 states. San Antonio, from Spanish, “Saint Anthony,” is the seventh-most populous city in the United States, and the second-most populous in the both Texas and the Southern United States with more than 1.5 million residents.

Investment Highlights

  • Brand New 15-Year Absolute Triple-Net (NNN) with Corporate Dutch Bros Guaranty (NYSE: BROS)
  • 10 Percent Rental Increases Every Five Years
  • New High-Quality 2023 Construction with a Double Drive-Thru
  • 265,087 Residents and 385,867 Daytime Employees within a Five-Mile Radius - Dense San Antonio Infill
  • Excellent Visibility Along Nacogdoches Road (17,000 Cars per Day) with Immediate Access to the I-410 Freeway (192,650 Cars per Day)
  • Surrounded by National Tenants - Planet Fitness, Pizza Hut, Smoothie King, and More
  • Average Household Income Exceeds $94,000 within a One-Mile Radius
  • Two Miles from San Antonio International Airport ($2.5 Billion Redevelopment and Expansion Planned)

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s) TX: 9002994

    Texas

Financing By

Restaurant

New Dutch Bros (NYSE: BROS) | 15-Year Abs. NNN | Infill San Antonio, TX

Listing Price: $2,463,100

Cap Rate
4.75%
Tenant Name
BB Holdings TX, LLC
Years Remaining On Lease
14.9
Gross SF
950
Guarantor
Corporate Guarantee
Rentable SF
950
Price/Gross SF
$2,592.74
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$123.16

Investment Highlights

  • Brand New 15-Year Absolute Triple-Net (NNN) with Corporate Dutch Bros Guaranty (NYSE: BROS)
  • 10 Percent Rental Increases Every Five Years
  • New High-Quality 2023 Construction with a Double Drive-Thru
  • 265,087 Residents and 385,867 Daytime Employees within a Five-Mile Radius - Dense San Antonio Infill
  • Excellent Visibility Along Nacogdoches Road (17,000 Cars per Day) with Immediate Access to the I-410 Freeway (192,650 Cars per Day)
  • Surrounded by National Tenants - Planet Fitness, Pizza Hut, Smoothie King, and More
  • Average Household Income Exceeds $94,000 within a One-Mile Radius
  • Two Miles from San Antonio International Airport ($2.5 Billion Redevelopment and Expansion Planned)

Investment Overview

Marcus & Millichap is proud to present for sale Dutch Bros Coffee in San Antonio, 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 one of the largest publicly-traded drive-thru coffee companies with approximately 671 stores open in 14 states. San Antonio, from Spanish, “Saint Anthony,” is the seventh-most populous city in the United States, and the second-most populous in the both Texas and the Southern United States with more than 1.5 million residents.

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s): TX: 9002994

    Texas

Financing By

MM Texture Background
MM Textured Background Lower