Skip to main content

Restaurant

Dutch Bros | 13+ Years | Across from Walmart

1475 S Valley Dr, Las Cruces, NM 88005

Listing Price: $2,822,500

Cap Rate
5.35%
Tenant Name
Dutch Bros
Years Remaining On Lease
13.3
Gross SF
871
Guarantor
Corporate Guarantee
Rentable SF
871
Price/Gross SF
$3,240.53
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$173.36

Investment Overview

Dutch Bros is a high growth operator and franchisor of drive-thru shops that focus on serving high quality, handcrafted beverages with unparalleled speed and superior service. Dutch Bros Coffee is one of the largest publicly-traded drive-thru coffee companies with approximately 1,135 stores open across 25 states.

Las Cruces is the second-most populous city in New Mexico and serves as the county seat of Doña Ana County. The city is home to an estimated 111,385 residents. Las Cruces is a thriving city surrounded by picturesque desert and conveniently located less than an hour from El Paso International Airport.

Investment Highlights

  • 13 Plus Years Remaining on Absolute Triple-Net (NNN) Lease with Corporate Dutch Bros Guaranty (NYSE: BROS)
  • Dutch Bros is One of the Fastest-Growing Brands in the Quick Service Beverage Industry in the U.S. with Approximately 1,135 Locations in 22 States
  • 10 Percent Rental Increases Every Five Years with Multiple Renewal Options
  • New 2024 Construction with Two Drive-Thru Lanes
  • Growing Trade Area in Las Cruces - 104,886 Residents within a Five Mile Radius
  • Central Location Just Two Miles from Downtown Las Cruces and New Mexico State University
  • Across from Walmart Supercenter and Surrounded by National Retailers: McDonald's, Cracker Barrel, Applebee's, and More
  • Situated Immediately Off Interstate 10, a Major Connector with Direct Access from Las Cruces International Airport

Exclusively Listed By

Broker of Record

  • Ryan Sarbinoff

    Senior Managing Director, Market Leader - Arizona

    (505) 445-6333

    License(s) NM: 20675

    New Mexico

Financing By

Restaurant

Dutch Bros | 13+ Years | Across from Walmart

Listing Price: $2,822,500

Cap Rate
5.35%
Tenant Name
Dutch Bros
Years Remaining On Lease
13.3
Gross SF
871
Guarantor
Corporate Guarantee
Rentable SF
871
Price/Gross SF
$3,240.53
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$173.36

Investment Highlights

  • 13 Plus Years Remaining on Absolute Triple-Net (NNN) Lease with Corporate Dutch Bros Guaranty (NYSE: BROS)
  • Dutch Bros is One of the Fastest-Growing Brands in the Quick Service Beverage Industry in the U.S. with Approximately 1,135 Locations in 22 States
  • 10 Percent Rental Increases Every Five Years with Multiple Renewal Options
  • New 2024 Construction with Two Drive-Thru Lanes
  • Growing Trade Area in Las Cruces - 104,886 Residents within a Five Mile Radius
  • Central Location Just Two Miles from Downtown Las Cruces and New Mexico State University
  • Across from Walmart Supercenter and Surrounded by National Retailers: McDonald's, Cracker Barrel, Applebee's, and More
  • Situated Immediately Off Interstate 10, a Major Connector with Direct Access from Las Cruces International Airport

Investment Overview

Dutch Bros is a high growth operator and franchisor of drive-thru shops that focus on serving high quality, handcrafted beverages with unparalleled speed and superior service. Dutch Bros Coffee is one of the largest publicly-traded drive-thru coffee companies with approximately 1,135 stores open across 25 states. Las Cruces is the second-most populous city in New Mexico and serves as the county seat of Doña Ana County. The city is home to an estimated 111,385 residents. Las Cruces is a thriving city surrounded by picturesque desert and conveniently located less than an hour from El Paso International Airport.

Exclusively Listed By

Broker of Record

  • Ryan Sarbinoff

    Senior Managing Director, Market Leader - Arizona

    (505) 445-6333

    License(s): NM: 20675

    New Mexico

Financing By

MM Texture Background
MM Textured Background Lower