723 Belt Line | Cedar Hill, TX 75104
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723 Belt Line
Cedar Hill, TX 75104
Dutch Bros | Cedar Hill · Retail Property For Sale
Investment Highlights
- New 15-year absolute NNN corporate lease with 10% rental increases every five years, providing a hedge against inflation
- Dutch Bros is one of the fastest-growing brands in the food service and restaurant industry in the U.S. by location count
- In Q2 2022, company-operated store revenues increased 55.9% to $160.5 million compared to $103.0 million during the same period of 2021
- Dutch Bros (NYSE: “BROS”) went public in 2021 – now valued at over $5.6 billion
- As of August 2022, Dutch Bros opened 61 stores in Texas with plans to open approximately 100 locations in the state by 2023
PROPERTY FACTS
Property Type
Retail
Building Size
950 SF
Year Built
2022
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
0.61 AC
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $17,073,690 | |
| Land Assessment | $772,720 | Total Assessment | $17,846,410 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$772,720
Improvements Assessment
$17,073,690
Total Assessment
$17,846,410
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