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32612473
32612474

10365 South Parker Road, Parker, CO 80134

BF
AZ AZ SA673557000
CBRE - Phoenix
OL
AZ SA714185000
CBRE - Phoenix
Listed by CBRE - Phoenix
$2,115,000
22 days on market
Updated 2 days ago

Dutch Bros

Details
APN 223315315007
Property Type Retail
Sub Type QSR/Fast Food
Square Footage 873
Units 1
Cap Rate 5.25%
NOI $111,034
Occupancy 100%
Tenancy Single
Brand/Tenant Dutch Bros. Coffee
Lease Type NN
Lease Term 15
Lease Expiration 04/30/2035
Remaining Term 9
Rent Bumps Yes
Lease Options Three (3), Five (5) Years
Year Built 2019
Stories 1
Acreage 0.500
Parking Spaces spaces
Investment Type Core
Lease Commencement 04/10/2020
Ground Lease No

$2.115M - 5.25% Cap | ±$2.6M Annual Sales (Placer.AI)

Marketing description

CBRE Net Lease Property Group is pleased to offer a single-tenant Dutch Bros double drive-thru investment opportunity in Parker (Denver MSA), CO. This opportunity features a net lease with ±9 years of initial term remaining and 10% rental increases every five years. Dutch Bros Inc. (NYSE: BROS) is one of the fastest growing brands in the food and restaurant industry. They currently operate ±1,136 stores with plans to grow to more than 7,000 stores nationwide. In 2025, Dutch Bros' full year revenue grew 27.9% year-over-year to $1.64 billion with same store sales increasing 5.6%. Parker, CO is one of the fastest growing cities in the country with 4.1% growth last year and ±10,000 new residents in the last 5 years. The Property is strategically located with excellent frontage and visibility on the intersection of Mountain Man Dr and Parker Rd (±47,000 VPD), the primary north-south arterial in Parker. To the north of the Property lies a Lowe's, Sprouts Farmers Market anchored center, and AdventHealth Hospital (±1,100 employees and ±179 beds), which recently announced a $300 million expansion. Just south of the Property are Target, Walmart Supercenter, Home Depot, Kohl's, Best Buy, Goodwill and more. This location boasts a 3-mile population of ±76,357 and affluent average household income of ±$166,013.

Investment highlights

  • Single-tenant Dutch Bros drive-thru investment opportunity offering ±9 years of initial term remaining and 10% rental increases every 5 years.
  • The Property features a double drive-thru to handle high volumes of traffic.
  • According to Placer.AI, this location ranks in the top 28% nationally and does $2.6M in annual sales. This equates to a very healthy 4.27% rent-to-sales ratio.
  • Dutch Bros Inc. (NYSE: BROS), one of the fastest-growing brands in the food service and restaurant industry, operates ±1,136 locations across 25 states and plans to grow to more than 7,000 shops nationwide.
  • On Dutch Bros' full-year 2025 earnings report, total revenue grew 27.9% year-over-year to $1.64 billion, compared to $1.28 billion in 2024, with same-store-sales increasing 5.6%. Dutch Bros current market cap is ±$8.44 billion.
  • The Property has frontage and excellent visibility on the hard-corner of Mountain Man Dr and Parker Rd (±47,000 VPD), the main north-south arterial in Parker (Source: CDOT, 24).
  • AdventHealth Hospital (±1,100 employees and ±179 beds), ±7 minutes north, announced a $300 million expansion expected to add 100 jobs and 60 beds (Source: AdventHealth).
  • National retailers nearby include Lowe's, Sprouts Farmers Market, Target, Walmart Supercenter, Home Depot, Kohl's, Goodwill and more.
  • This location boasts a healthy 3-mile population of ±76,357 and affluent average household income of ±$166,013.
  • Parker, CO was named one of the fastest growing cities in the country with 4.1% growth last year and ±10,000 new residents in the last 5 years (Source: Yahoo News, CBS News).

Listing Contacts

BF
AZ AZ SA673557000
CBRE - Phoenix
OL
AZ SA714185000
CBRE - Phoenix
Listed by CBRE - Phoenix

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$111,034.00
$9,252.83/mo

Valuation Metrics

0
DSCR
5.25%
Cap Rate
5.25%
ROI

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