Dutch Bros Ground Lease | Grocery Outlet Outparcel
Signalized Corner Location | Nearby Interstate 5 Access
Marketing description
New 15-year absolute NNN ground lease to Dutch Bros, the second-largest drive-thru coffee chain in the U.S.
10% rental increases every five (5) years in initial term and option periods, ensuring consistent income growth.
Tenant covers all taxes, insurance, and maintenance, including roof, structure, and parking lot, providing a fully passive investment.
Dutch Bros opened its 1,000th shop in February 2025 and plans to open 1,000 more by 2029.
Total revenue for Q1 2025 increased by 29% year-over-year, per Yahoo Finance, with expectations of annual revenue growth of approximately 20%.
The property features a dual-lane drive-thru for an optimal customer experience.
Investment highlights
Prime Retail Location: High-visibility and easily accessible location at the signalized intersection of Sperry Avenue and Rogers Road.
Reliable Tenancy: Dutch Bros opened its 1,000th shop in February 2025 and plans to open 1,000 more by 2029.
Strong Demographic Base: The fifteen-mile radius serves a populous region of 124,779, with an average annual household income of $155,783 within one mile.
Central Location: Centrally located between San Francisco, San Jose, and Stockton, giving this Dutch Bros ideal access to long-distance Bay Area commuters.
Zero Management Responsibilities: Absolute NNN ground lease structure transfers maintenance and expense obligations to tenant, including roof, structure, and parking lot.
Growing Market Dynamics: Projected income increases within 1-, 3-, and 5-mile radii over the next five years poise this Dutch Bros and Patterson for steady concurrent growth.
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