LONG TERM, ABSOLUTE NNN LEASE
15-year base lease term with no landlord responsibilities.
BRAND NEW CONSTRUCTION
Dutch Bros Coffee is newly constructed with an estimated opening of Q1 2023. Rent
commenced January 2023.
INCREDIBLE ACCESS WITH GREAT EXPOSURE
Located along FM 1960, one of the main thoroughfares within the trade area, with exposure to over 23,000 cars per day.
SURROUNDED BY NATIONAL RETAILERS
Dutch Bros Coffee is amidst several national retailers in the surrounding area. These retailers include: Walmart, Home Depot, CVS, Chick-fil-a, Taco Bell, U-Haul and several others.
The Blue Ox Group is pleased to offer the opportunity to acquire the feesimple interest (land ownership) in an absolute NNN leased, Dutch Bros Coffee investment property located in Houston, TX. The Tenant, Dutch Bros Coffee recently signed a brand new, long-term, 15 year lease with 3 (5-year) options to extend, demonstrating their commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and each option period. This attractive rent structure and steadily growing NOI hedges against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment for the passive investor.
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