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Dutch Bros 1971 W Valencia Rd

824 SF Retail Building Tucson, AZ 85746 $2,130,000 ($2,585/SF) 5.50% Cap Rate

Investment Highlights

  • High Ranking Store Sales – This Dutch Bros ranks in the 92nd percentile per Placer AI reporting with 734,000 annual visitors.
  • Absolute NNN Lease – Dutch Bros is on a 15-Year Lease with ±9.5 years remaining and zero management responsibility.
  • Continued Success – Annual visits have increased 2.6% year over year.
  • Built-to-Suit Construction – This property was built specifically for a Dutch Bros in 2019.
  • Strong Demographics – This Tucson location has a population of ±134,631 residents within a 5-mile radius.
  • Daytime Traffic – The workday population is ±44,421 employees within a 3-mile radius, and Valencia Rd sees ±48,038 cars per day.

Executive Summary

This Dutch Bros is listed at $2,130,000 a 5.50% Cap Rate. Subject property was built it 2019 and is on an absolute Triple-Net lease basis with approximately ±9.5 years remaining on a 15-year initial term. This property has a 10% rent increase every 5 years and just had its first increase this summer. Additionally, this property is subject to three (3) five-year (5yr) renewal options at 10% increases every 5 years. This Dutch Bros is an excellent performing store and is ranked in the 92nd percentile of Dutch Bros in the country (Per Placer A.I reporting) and sees over ±48,000 cars per day.
Broker of Record
Simon Assaf
License No. CO701910000 (AZ)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
4110 N Scottsdale Rd Suite 100,
Scottsdale, AZ 85251

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
824 SF
Building Class
B
Year Built
2019
Price
$2,130,000
Price Per SF
$2,585
Cap Rate
5.50%
NOI
$117,150
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Lot Size
1.04 AC

Amenities

  • Drive Thru
  • Wheelchair Accessible

Nearby Major Retailers

IHOP
Dutch Bros
Starbucks
Fry’s Food Stores
Bank of America
Denny's
Blake's Lotaburger
Chili's Grill & Bar
Golden Corral Buffet & Grill
Academy Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
138-24-4180
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$146,483
  • Listing ID: 33873011

  • Date on Market: 11/14/2024

  • Last Updated:

  • Address: 1971 W Valencia Rd, Tucson, AZ 85746

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