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Dutch Bros Coffee – Frisco, TX

SWC FM 423 & US Highway 380, Frisco, Denton County, TX 75068

Price:  $2,500,000


NOI:  $100,000


Cap Rate:  4.0%


Building Size:  900 SF


Occupancy:   Single-tenant (NNN)


Lot Size:  0.924 AC


Debt:  Free & Clear


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Highlights

  • Brand New Dual Drive-Thru 2024 Construction with New 20-Year Corporate Backed Ground Lease by Boersma Bros. LLC
  • Credit Tenant (NYSE: BROS) With Nearly a $6 Billion Market Cap
  • Generational Asset Within Fastest-Growing City in the US – Frisco, Texas
  • Shadow-Anchored by New HEB (Q4 2024 completion date), the Most Sought After Retailer and Traffic Generator in the Nation
  • 10.00% Increases Every Five-Years Through the Primary and Option Terms
  • Zero Landlord Responsibility and Secure Revenue Stream Within an Income Tax-Free State – Perfect for a 1031 Exchange or Passive Investor
  • Strategic Location at the “Four Corners” Intersection (Highway 380 & FM 423) – The Most Coveted Retail Corridor in the DFW Metroplex
  • Surrounding Retailers and Traffic Generators Include: HEB, Walmart, Kroger, Home Depot, Whataburger, Chick-Fil-A, McDonald’s, and CVS, Among Many Others
  • High-Growth, High-Barrier, and Affluent Market – Frisco’s Population Has Grown a Staggering 470% Since 2000, and an Average Household Income Average City-Wide of Over $124,829
  • Over 5,000 New Single-Family Homes and 300+ Multi-Family Units within a 2-Mile Radius
  • Dense Affluent Market with 83,355 and 186,975 Residents Within a 3 and 5 Mile Radius with Average Household Incomes of $159,223 To $151,529 Respectively
  • Daytime Populations of 6,551 & 17,419 Employees and 1,500 & 3,798 Businesses within 3 & 5 Miles Dutch Bros
  • Traffic Counts on US Hwy. 380 reach a staggering 65,673 VPD and 49,565 VPD on F.M. 423

Description

DB2RE INVESTMENT SALES is proud to present the rare opportunity to acquire Dutch Bros. Coffee, (the “Property”), a 20-Year Ground Lease located at the SWQ of FM 423 & US Highway 380 in Frisco, Texas – shadow to the new HEB Supermarket (scheduled for completion Q4 2024). The lease provides investors a rare 20-year term that includes three 5-year renewal options and 10.00% increases every five years through both the primary and option terms. With zero landlord responsibilities, the offering is an ideal management-free investment opportunity for passive investors and/or 1031 buyers. The Property consists of a free-standing, drive-thru building totaling ± 900 square feet on 0.924 acres of land. Dutch Bros provides new ownership with a fantastic opportunity to acquire a credit coffee concept valued at nearly $6 billion (NYSE: BROS) and fee-simple interest of a generational asset within the fastest-growing city and #1 place to live in the nation.

Strategically positioned at the southwest quadrant of FM 423 & US Highway 380, the Property sits at one of the most coveted retail intersections in the nation. With over one million square feet of retail, the “Four Corners” intersection includes anchor tenants such as HEB, Kroger, Walmart, and Home Depot, among countless other national retailers. Dutch Bros Coffee enjoys tremendous access to significant traffic counts, as well as, a dense and wealthy population base that boasts 80,721 to 168,886 residents within a 3- and 5-mile radius. Within the respective radius, average household incomes are a staggering $150,000. Furthermore, within a 2-mile radius, there are over 5,000 single-family lots and over 300 multi-family units under construction, attracting every major retailer to this coveted Frisco commercial hub. Dutch Bros Coffee is a true generational asset and presents investors with a once-in-a-lifetime chance to enter this high-growth and high-barrier market. The stabilized revenue stream and exceptional location will ensure the asset continues to be an irreplaceable asset for years to come.

Location

Frisco, TX - SWC Farm to Market 423 & U.S. Highway 380

Dutch Bros Coffee – Frisco, TX

SWC FM 423 & US Highway 380, Frisco, Denton County, TX 75068

Dutch Bros Coffee – Frisco, TX

Contact Us About this Property

Cameron Deptula

INVESTMENT SALES
TREC #622382

214.526.3626 ext. 116
CDeptula@DB2RE.com

Blake Schur

INVESTMENT SALES
TREC #788497

214.526.3626 ext. 129
BSchur@DB2RE.com