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29246324
29246325

2703 E. Sunnyside Road, Ammon, ID 83406 For Sale

BW
ID ID SP37693
TOK Commercial
BW
ID SP43310
TOK Commercial
Listed by TOK Commercial
$1,950,000
559 days on market
Updated 16 days ago

Dutch Bros Coffee

Details
Property Type Retail
Sub Type QSR/Fast Food, Restaurant (+1)
Square Footage 800
Cap Rate 5.37%
NOI $104,630
Tenancy Single
Brand/Tenant Dutch Bros. Coffee
Lease Type NNN
Lease Term 15
Lease Expiration 10/30/2034
Remaining Term 8
Rent Bumps Yes
Year Built 2019
Lot Size (SqFt) 27,600
Parking Spaces 14 spaces
Parking per 1,000 SqFt 17.50
Investment Type Net Lease
Tenant Credit Credit Rated

Retail | 5.37% CAP | 800 SqFt

Marketing description

Introducing a prime opportunity for retail investors: a high exposure Kohl's retail outparcel featuring an outstanding national tenant Dutch Bros. Coffee. The 800 SF freestanding retail kiosk, with a rare drive-thru feature, was built in 2019 and has experienced high-volume sales in a growing market. Dutch Bros. Coffee, a reputable national brand with over 912 locations across 17 states, has been a stable, long-term tenant of the property with +8 years remaining on their 15-year lease. Situated in the retail epicenter of Ammon, this property enjoys high volume visibility and customer counts with frontage on Sunnyside Road, ensuring consistent foot traffic. This ideally located property is surrounded by the area's most popular big box and national retailers, such as Kohl's, TJ Maxx, Sportsman's Warehouse, Hobby Lobby, Cabela's, Petco, and many more. Don't miss the chance to purchase a stable and prominently located investment opportunity!

Investment highlights

  • High volume location in growing market
  • 15-year NNN lease in place
  • Sunnyside Road (+20,000 VPD)
  • S 25th E / Sunnyside Rd Intersection (+30,000 VPD)
  • In the heart of retail epicenter of Ammon
  • Close to big box retailers Kohl's, T.J. Maxx, Sportsman's Warehouse and others
  • Across from Eastern Idaho Regional Medical Center (+1,500 employees)
  • Competent third-party management in place
  • 10% Rent escalations every 5 years
  • Over 912 locations across 17 states
  • Drive-thru focused strategy
  • 7.7% YOY Growth from 2019
  • $1.2 billion in sales in 2024
  • Near Hillcrest High School (1,400 students - off campus lunch)
  • Short distance to College of Eastern Idaho (1,300 students)
  • Long-term lease with outstanding drive-thru tenant, Dutch Bros. Coffee.
  • National tenant with over 912 locations across 17 states.
  • Located in the retail epicenter of Ammon, Idaho, and across from the Eastern Idaho Regional Medical Center (1,500 employees).
  • Frontage on Sunnyside Road and multiple access - close to prominent schools and local college.
  • This “Amazon-Proof” business operates on an outparcel to Kohl’s, adjacent to Teton Spectrum Center.

Listing Contacts

BW
ID ID SP37693
TOK Commercial
BW
ID SP43310
TOK Commercial
Listed by TOK Commercial

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$104,630.20
$8,719.18/mo

Valuation Metrics

0
DSCR
5.37%
Cap Rate
5.37%
ROI

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Additional Information

Name
Brent Wilson
License
ID SP37693
Brokerage
TOK Commercial
Title
Real Estate Broker
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