Dutch Bros Ground Lease for Sale

ProEquity is pleased to offer the opportunity to acquire the NOW OPEN ground leased interest in an Absolute NNN Dutch Bros Coffee investment property located in Madera, CA. The tenant, Dutch Bros recently signed a new 15 year ground lease with three extension terms of 5 years each followed by one extension term of 54 months. The lease has 10% increases every 5 years in both the firm term and the option terms providing a hedge against inflation. The ground lease has zero landlord responsibilities making it a simple, management free Investment opportunity for a passive investor. The brand new shop is slated to open in December 2022. The brand new prototype store is equipped with a double drive thru, providing for ease, convenience and speed of service. The property benefits from prime location on the Country Club Dr retail corridor, exposed to 13,177 VPD. The Dutch Bros sits at the entrance of a brand new Vallarta grocery center that recently opened to record sales. Per Placer.ai, Vallarta continues to be one of the top stores in the 50 store chain, being #2 in site visits/capita and # 8 of 50 in total visits. Country Club Dr is one of the prime retail corridors in the county. In addition to Vallarta, other significant tenants in the immediate vicinity include 99 Cent Only, dd’s Discount, Harbor Freight Tools, CVS, Big Lots, Tractor Supply and much more. The Country Club Village, which recently sold has plans for a redevelopment that will provide a significant facelift and signage and introduces Big Lots as a new tenant to the center. Just north on Country Club Dr/Road 26 is the brand new state of the art, Matilda Torres High School and adjacent to that is the Jack G Desmond Middle School.

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• https://www.crexi.com/properties/873936/california-dutch-bros-ground-lease