www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
31849272
31849273

1475 South Valley Drive, Las Cruces, NM 88005

RS
AZ AZ BR675146000
Marcus & Millichap - Phoenix
Listed by Marcus & Millichap - Phoenix
$2,796,300
45 days on market
Updated 11 days ago

Dutch Bros | 13+ Years | Across from Walmart

Details
Property Type Retail
Sub Type QSR/Fast Food, Restaurant
Square Footage 871
Cap Rate 5.40%
NOI $151,000
Occupancy 100%
Tenancy Single
Brand/Tenant Dutch Bros. Coffee
Lease Type NNN
Lease Term 15.1
Lease Expiration 06/29/2039
Remaining Term 13.1
Rent Bumps Yes
Lease Options 3, 5 Year Options
Price per SqFt $3,210
Year Built 2024
Acreage 0.650
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 05/31/2024
Ground Lease No

Retail | 5.40% CAP | 871 SqFt

Marketing description

Dutch Bros is a high growth operator and franchisor of drive-thru shops that focus on serving high quality, handcrafted beverages with unparalleled speed and superior service. Dutch Bros Coffee is one of the largest publicly-traded drive-thru coffee companies with approximately 1,135 stores open across 25 states.

Las Cruces is the second-most populous city in New Mexico and serves as the county seat of Doña Ana County. The city is home to an estimated 111,385 residents. Las Cruces is a thriving city surrounded by picturesque desert and conveniently located less than an hour from El Paso International Airport.

Investment highlights

» 13+ Years Remaining on Absolute Triple-Net (NNN) Lease with Corporate Dutch Bros Guaranty (NYSE: BROS)

» Dutch Bros is One of the Fastest-Growing Brands in the Quick Service Beverage Industry in the U.S. with ±1,135 Locations in 22 States

» 10% Rental Increases Every 5 Years with Multiple Renewal Options

» New 2024 Construction with Two Drive-Thru Lanes

» Growing Trade Area in Las Cruces - 104,886 Residents within a 5-Mile Radius

» Central Location Just 2 Miles from Downtown Las Cruces and New Mexico State University

» Across from Walmart Supercenter and Surrounded by National Retailers: McDonald’s, Cracker Barrel, Applebee’s, and More

» Situated Immediately Off Interstate 10, a Major Connector with Direct Access from Las Cruces International Airport

Listing Contacts

RS
AZ AZ BR675146000
Marcus & Millichap - Phoenix
Listed by Marcus & Millichap - Phoenix

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$151,000.00
$12,583.33/mo

Valuation Metrics

0
DSCR
5.4%
Cap Rate
5.4%
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Ryan Sarbinoff
License
NM 20675
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591