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Restaurant

Dutch Bros Ground Lease - 15 Yr NNN

19210 Preston Road, Dallas, TX 75252

Listing Price: $2,000,000

Cap Rate
5.25%
Tenant Name
BB Holdings TX, LLC
Years Remaining On Lease
15.2
Gross SF
800
Guarantor
Corporate Guarantee
Rentable SF
800
Price/Gross SF
$2,500.00
Lease Type
NNN Ground Lease
Rent Per Square Feet
$131.25

Investment Overview

Marcus & Millichap is pleased to present for sale Dutch Bros Coffee in Dallas, 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.

Dallas is the most populous city in the Dallas/Fort Worth Metroplex with a population of over 1.3 million people as of the 2020 U.S. Census. The construction of the Interstate Highway System reinforced Dallas’ prominence as a transportation hub, with four major interstate highways converging in the city and a fifth interstate loop around it. The city is further connected through its public transportation system, DART (Dallas Area Rapid Transit). The city of Dallas welcomes 24.9 million visitors each year, resulting in a thriving tourism industry.

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 2024 Construction with a Drive-Thru
  • 374,991 Residents within a Five-Mile Radius - Dallas/Fort Worth MSA
  • Outparcel to Lowe's and Adjacent to Brand New Clean Freak Car Wash and AutoZone Currently Under Construction
  • Situated on a Hard Corner with Excellent Frontage Along Preston Road (More Than 68,500 Combined Cars per Day at the Intersection)
  • Average Household Income Exceeds $140,000 in the Immediate Area
  • Located Immediately Off the President George Bush Turnpike (152,300 Cars per Day)

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 - 15 Yr NNN

Listing Price: $2,000,000

Cap Rate
5.25%
Tenant Name
BB Holdings TX, LLC
Years Remaining On Lease
15.2
Gross SF
800
Guarantor
Corporate Guarantee
Rentable SF
800
Price/Gross SF
$2,500.00
Lease Type
NNN Ground Lease
Rent Per Square Feet
$131.25

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 2024 Construction with a Drive-Thru
  • 374,991 Residents within a Five-Mile Radius - Dallas/Fort Worth MSA
  • Outparcel to Lowe's and Adjacent to Brand New Clean Freak Car Wash and AutoZone Currently Under Construction
  • Situated on a Hard Corner with Excellent Frontage Along Preston Road (More Than 68,500 Combined Cars per Day at the Intersection)
  • Average Household Income Exceeds $140,000 in the Immediate Area
  • Located Immediately Off the President George Bush Turnpike (152,300 Cars per Day)

Investment Overview

Marcus & Millichap is pleased to present for sale Dutch Bros Coffee in Dallas, 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. Dallas is the most populous city in the Dallas/Fort Worth Metroplex with a population of over 1.3 million people as of the 2020 U.S. Census. The construction of the Interstate Highway System reinforced Dallas’ prominence as a transportation hub, with four major interstate highways converging in the city and a fifth interstate loop around it. The city is further connected through its public transportation system, DART (Dallas Area Rapid Transit). The city of Dallas welcomes 24.9 million visitors each year, resulting in a thriving tourism industry.

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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