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Restaurant

Dutch Bros Ground Lease (Leasehold)

8975 N 90th St, Scottsdale, AZ 85250

Listing Price: $835,000

Cap Rate
6.75%
Tenant Name
Dutch Bros Coffee
Years Remaining On Lease
12.1
Gross SF
950
Guarantor
Corporate Guarantee
Rentable SF
950
Price/Gross SF
$878.95
Lease Type
NNN Ground Lease
Rent Per Square Feet
$59.37

Investment Overview

Dutch Bros Coffee is one of the largest publicly-traded drive-thru coffee companies with approximately 671 stores open in 14 states. Dutch Bros is a high growth operator and franchisor of drive-thru shops that focus on serving high quality, hand-crafted beverages with unparalleled speed and superior service. Dutch Bros stock is traded on the NYSE under the symbol BROS.

Adjacent to the Greater Phoenix Area, Scottsdale is known as “the West’s most Western town” and was described in the New York Times as “a desert version of Miami’s South Beach.” With a population of more than 240,000, the City of Scottsdale is among Arizona’s ten largest cities. Scottsdale continues to be recognized nationwide as one of the top markets for business performance, job growth, livability, and friendly culture.

Investment Highlights

  • 12+ Years Remaining on Absolute Triple-Net (NNN) Ground Lease with Corporate Dutch Bros Guaranty (NYSE: BROS)
  • 10 Percent Rental Increases Every Five Years with Multiple Renewal Options
  • Affluent Scottsdale Trade Area with 147,335 Residents in a Five-Mile Radius
  • Situated Immediately Off the Loop 101 Freeway with Frontage Along North 90th Street
  • Located in Sierra Bloom, a New 43-Acre Class A Mixed-Use Campus with Medical, Office, Retail, and Hotel Space
  • Two Miles North of Salt River Fields at Talking Stick, Casino Arizona at Talking Stick, Topgolf, Great Wolf Lodge, and Talking Stick Golf Club
  • High-Quality 2021 Construction with a Double Drive-Thru
  • Just South of HonorHealth Scottsdale Shea Medical Center and Scottsdale Fiesta Shopping Center

Exclusively Listed By

Broker of Record

  • Ryan Sarbinoff

    First Vice President/Regional Manager

    (602) 687-6700

    License(s) AZ: BR675146000

    Arizona

Financing By

Restaurant

Dutch Bros Ground Lease (Leasehold)

Listing Price: $835,000

Cap Rate
6.75%
Tenant Name
Dutch Bros Coffee
Years Remaining On Lease
12.1
Gross SF
950
Guarantor
Corporate Guarantee
Rentable SF
950
Price/Gross SF
$878.95
Lease Type
NNN Ground Lease
Rent Per Square Feet
$59.37

Investment Highlights

  • 12+ Years Remaining on Absolute Triple-Net (NNN) Ground Lease with Corporate Dutch Bros Guaranty (NYSE: BROS)
  • 10 Percent Rental Increases Every Five Years with Multiple Renewal Options
  • Affluent Scottsdale Trade Area with 147,335 Residents in a Five-Mile Radius
  • Situated Immediately Off the Loop 101 Freeway with Frontage Along North 90th Street
  • Located in Sierra Bloom, a New 43-Acre Class A Mixed-Use Campus with Medical, Office, Retail, and Hotel Space
  • Two Miles North of Salt River Fields at Talking Stick, Casino Arizona at Talking Stick, Topgolf, Great Wolf Lodge, and Talking Stick Golf Club
  • High-Quality 2021 Construction with a Double Drive-Thru
  • Just South of HonorHealth Scottsdale Shea Medical Center and Scottsdale Fiesta Shopping Center

Investment Overview

Dutch Bros Coffee is one of the largest publicly-traded drive-thru coffee companies with approximately 671 stores open in 14 states. Dutch Bros is a high growth operator and franchisor of drive-thru shops that focus on serving high quality, hand-crafted beverages with unparalleled speed and superior service. Dutch Bros stock is traded on the NYSE under the symbol BROS. Adjacent to the Greater Phoenix Area, Scottsdale is known as “the West’s most Western town” and was described in the New York Times as “a desert version of Miami’s South Beach.” With a population of more than 240,000, the City of Scottsdale is among Arizona’s ten largest cities. Scottsdale continues to be recognized nationwide as one of the top markets for business performance, job growth, livability, and friendly culture.

Exclusively Listed By

Broker of Record

  • Ryan Sarbinoff

    First Vice President/Regional Manager

    (602) 687-6700

    License(s): AZ: BR675146000

    Arizona

Financing By

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