Dutch Bros Ground Lease
$3.3M - 4.85% Cap | Hard-Corner - Heavily Trafficked (±45,514 VPD)
Marketing description
CBRE's Net Lease Property Group is pleased to offer for sale a single-tenant Dutch Bros double drive-thru investment opportunity in Mesa, AZ. The opportunity features a brand-new 15-year absolute triple-net (NNN) ground lease with 10% rental increases every 5 years. Dutch Bros Inc. (NYSE: BROS) is one of the fastest-growing brands in the food service and restaurant industry. They currently operate ±1,239 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%.
The Property is strategically located on a ±0.82-acre hard corner parcel at the signalized intersection of Lindsay Rd and E University Dr (±45,514 VPD). The Property is an outparcel to a new 24-hour EoS Fitness anchored shopping center with Dollar Tree, Discount Tire, Burger King and more. Mesa High School (±3,442 students) and Mountain View High School (±3,391 students) are within ±8 minutes of the Property. Falcon Field Airport, which generates ±$811 million in annual economic activity, is ±9 minutes away. The airport anchors Mesa's Falcon District, a ±1,000-acre aerospace and manufacturing hub home to Boeing, Northrop Grumman, MD Helicopters, and more, supporting more than ±18,000 jobs. This location boasts a dense population of ±152,358 and a healthy average household income of ±$107,268 in a 3-mile radius.
Investment highlights
- Single-tenant Dutch Bros Coffee drive-thru investment opportunity featuring a brand-new 15-year absolute triple-net (NNN) ground lease with 10% rental increases every five years.
- The Property features a double drive-thru to handle high volumes of traffic.
- Dutch Bros Inc. (NYSE: BROS), one of the fastest-growing brands in the food service and restaurant industry, operates ±1,239 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 capitalization is ±$9.46 billion.
- The Property is located on a ±0.82-acre hard corner parcel at the signalized intersection of Lindsay Rd and E University Dr (±45,514 VPD) (Source: ADOT, 25).
- The Property is an outparcel to a new 24-hour EoS Fitness anchored shopping center with Dollar Tree, Discount Tire, Burger King, and more.
- Mesa High School (±3,442 students) and Mountain View High School (±3,391 students) are within ±8 minutes (Source: US News).
- Falcon Field airport, which generates ±$811 million in annual economic activity, is ±9 minutes northeast. The Airport anchors Mesa's Falcon District, a ±1,000-acre aerospace and manufacturing hub home to Boeing, Northrop Grumman, MD Helicopters, and more, which supports more than ±18,000 jobs (Source: Falcon Field Airport, SelectMesa.com).
- This location boasts a dense 3-mile population of ±152,358 with a healthy average household income of ±$107,268 (Source: Esri).
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