Dutch Bros Coffee | 523 9 Mile Rd
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Dutch Bros Coffee 523 9 Mile Rd
950 SF Retail Building Pensacola, FL 32534 $2,777,777 ($2,924/SF) 5.40% Cap Rate
Investment Highlights
- Absolute NNN Lease – This property offers true passive income with an absolute NNN lease with zero landlord responsibilities
- Long Term Lease – New 15-year lease with built in 10% increases every 5 years
- Established Tenant – Dutch Bros (NYSE: BROS) is a financially stable, national tenant, known for their high-quality beverages and exceptional customer
- Brand New Construction – The site had their Grand Opening in September 2024
- Large Lot – Sitting on a lot of ±0.75 acres, double the size of most other coffee stands
- Expanding Business – Spanning over 17 states, Dutch Bros has 876 locations with plans of continued growth
Executive Summary
Broker of Record
Kyle Matthews
License No. CQ1066435 (FL)
(866) 899-0550
Matthews Real Estate Investment Services, Inc.
1600 West End,
Ste. 1500 Nashville, TN 37203
Kyle Matthews
License No. CQ1066435 (FL)
(866) 899-0550
Matthews Real Estate Investment Services, Inc.
1600 West End,
Ste. 1500 Nashville, TN 37203
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
950 SF
Building Class
C
Year Built
2024
Price
$2,777,777
Price Per SF
$2,924
Cap Rate
5.40%
NOI
$150,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
0.75 AC
Zoning
C - C zoning is a letter code used by local governments to identify commercial land use in a specific geographic area.
Amenities
- Signage
- Drive Thru
- Air Conditioning
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease Type
- Lease End
- Dutch Bros Coffee
- Accommodation and Food Services
- 950 SF
- -
- Triple Net
- -
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease Type | Lease End | |
| Dutch Bros Coffee | Accommodation and Food Services | 950 SF | - | Triple Net | - |
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 10-1S-30-1102-000-060 | Improvements Assessment | $0 |
| Land Assessment | $239,651 | Total Assessment | $239,651 |
PROPERTY TAXES
Parcel Number
10-1S-30-1102-000-060
Land Assessment
$239,651
Improvements Assessment
$0
Total Assessment
$239,651
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Dutch Bros Coffee | 523 9 Mile Rd
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