New Dutch Bros | 15-Yr GL | Nearly 30k VPD | 7961 E Brainerd Rd
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
New Dutch Bros | 15-Yr GL | Nearly 30k VPD 7961 E Brainerd Rd
950 SF Retail Building Chattanooga, TN 37421 $2,272,000 ($2,392/SF) 5.15% Cap Rate
Investment Highlights
- Brand-new construction asset with Dutch Bros’ latest prototype
- Long-term, passive investment | 15-year initial term with 10% rent increase every 5 years throughout the initial term and options
- Dense and affluent area | There are 50,500+ residents with an average HH income exceeding $117,400 within a 10-minute drive
- Corporately guaranteed, absolute NNN ground lease | Zero Landlord responsibilities
- Excellent access and visibility from Brainerd Rd which sees ±29,140 VPD
- Dutch Bros is the 3rd largest coffee chain in the US with 900+ units across 17 states with a long-term goal of hitting 4,000+ stores
Executive Summary
PROPERTY HIGHLIGHTS
• Brand-new construction asset with Dutch Bros’ latest prototype
• Corporately guaranteed, absolute NNN ground lease | Zero Landlord responsibilities
• Long-term, passive investment | 15-year initial term with 10% rent increase every 5 years throughout the initial term and options, providing an excellent hedge against inflation
• Excellent access and visibility from Brainerd Rd which sees ±29,140 VPD
• Located between a Walmart Neighborhood Market and a Food City
• Dense and affluent area | There are 50,500+ residents with an average HH income exceeding $117,400 within a 10-minute drive
• Less than 2 miles from I-75 which boasts nearly 130,000 VPD
• Site is walking distance to strong national tenants including CVS, Sherwin-Williams, Regions Bank, Burger King, Bojangles, Taco Bell, Waffle House, Zaxby’s, Dunkin’, Advance Auto Parts, AutoZone, Goodwill, Ace Hardware, Fast Pace Urgent Care, among others
• Asset is located in an income tax-free state
DUTCH BROS HIGHLIGHTS
• Dutch Bros is the third largest coffee chain in the US with 900+ units across 17 states with a long-term goal of hitting 4,000+ stores in the next 10-15 years
• In Q3 2024, total revenues grew 28% y-o-y to a record $338MM
• Expects to open at least 150-165 locations in 2024
• Has opened at least 30 stores in 13 consecutive quarters
• Dutch Bros holds an AUV of $2MM (2023)
• Dutch Bros (NYSE: BROS) went public in 2021 and holds a market cap of ±$7.52B as of 11/12/24
• Held the highest AUV in the QSR Magazine’s “snack segment” at just under $2MM in 2023, beating out the likes of Starbucks, Dunkin’, 7 Brew Coffee, among others
• 3rd most popular restaurant chain in the U.S. in 2024, according to Nation’s Restaurant News
• #33 on QSR Magazine’s QSR Top 50 rankings
• #48 on Technomic’s 2024 Top 500 Chain Restaurant Report
• Brand-new construction asset with Dutch Bros’ latest prototype
• Corporately guaranteed, absolute NNN ground lease | Zero Landlord responsibilities
• Long-term, passive investment | 15-year initial term with 10% rent increase every 5 years throughout the initial term and options, providing an excellent hedge against inflation
• Excellent access and visibility from Brainerd Rd which sees ±29,140 VPD
• Located between a Walmart Neighborhood Market and a Food City
• Dense and affluent area | There are 50,500+ residents with an average HH income exceeding $117,400 within a 10-minute drive
• Less than 2 miles from I-75 which boasts nearly 130,000 VPD
• Site is walking distance to strong national tenants including CVS, Sherwin-Williams, Regions Bank, Burger King, Bojangles, Taco Bell, Waffle House, Zaxby’s, Dunkin’, Advance Auto Parts, AutoZone, Goodwill, Ace Hardware, Fast Pace Urgent Care, among others
• Asset is located in an income tax-free state
DUTCH BROS HIGHLIGHTS
• Dutch Bros is the third largest coffee chain in the US with 900+ units across 17 states with a long-term goal of hitting 4,000+ stores in the next 10-15 years
• In Q3 2024, total revenues grew 28% y-o-y to a record $338MM
• Expects to open at least 150-165 locations in 2024
• Has opened at least 30 stores in 13 consecutive quarters
• Dutch Bros holds an AUV of $2MM (2023)
• Dutch Bros (NYSE: BROS) went public in 2021 and holds a market cap of ±$7.52B as of 11/12/24
• Held the highest AUV in the QSR Magazine’s “snack segment” at just under $2MM in 2023, beating out the likes of Starbucks, Dunkin’, 7 Brew Coffee, among others
• 3rd most popular restaurant chain in the U.S. in 2024, according to Nation’s Restaurant News
• #33 on QSR Magazine’s QSR Top 50 rankings
• #48 on Technomic’s 2024 Top 500 Chain Restaurant Report
Property Facts
Sale Type
Investment NNN
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
950 SF
Building Class
B
Year Built
2025
Construction Status
Under Construction
Price
$2,272,000
Price Per SF
$2,392
Cap Rate
5.15%
NOI
$117,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Lot Size
0.88 AC
Zoning
C-2 - zoned for commercial use
Parking
13 Spaces (13.68 Spaces per 1,000 SF Leased)
Frontage
184 FT on E Brainerd Road
Amenities
- Signage
- Signalized Intersection
- Drive Thru
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 159P-B-010.01 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $511,280 |
PROPERTY TAXES
Parcel Number
159P-B-010.01
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$511,280
Contacts
-
Aron Cline -
Matt Coates -
Calvin Short -
Gary Chou -
Alexander McDonald -
Berkeley Capital Advisors
1 of 5
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
New Dutch Bros | 15-Yr GL | Nearly 30k VPD | 7961 E Brainerd Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.