Dutch Bros | 870 N FM 548
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Dutch Bros 870 N FM 548
950 SF Retail Building Forney, TX 75126 $1,837,000 ($1,934/SF) 5.25% Cap Rate
Investment Highlights
- Dutch Bros covers all property expenses, including taxes, insurance, and maintenance, offering landlords a stable, hands-off investment
- 10% rental escalations every five years provide built-in income growth that outpaces inflation and boosts long-term returns
- Backed by Boersma Bros. LLC, Dutch Bros’ parent company, which operates 700+ locations nationwide, ensuring a financially stable tenant
- A 15-year lease with four (4) five-year renewal options ensures long-term tenancy stability and predictable cash flow
Executive Summary
Built in 2024, this Dutch Bros occupies a modern, 950-square-foot building on a spacious 38,645-square-foot parcel, offering a highly functional design optimized for drive-thru service. The property’s fresh construction ensures minimal maintenance needs. The tenant, Dutch Bros, covers all expenses, including property taxes, insurance, and all maintenance, allowing for a truly passive income stream. The Absolute NNN structure minimizes landlord liability, making it an attractive investment vehicle. The tenant, Dutch Bros, covers all expenses, including property taxes, insurance, and all maintenance, allowing for a truly passive income stream. The Absolute NNN structure minimizes landlord liability, making it an attractive investment vehicle. Located along the heavily trafficked FM 548, which sees over 22,000 vehicles per day, this site benefits from constant visibility and accessibility to a wide audience of daily commuters and local residents. The property is strategically situated in a high-demand retail corridor that includes Walmart, Lowe’s, and several major fast-food chains, as well as two Amazon distribution centers nearby. This cluster of key traffic drivers generates steady foot traffic and broadens Dutch Bros’ customer reach. Within a three-mile radius, Forney has seen extensive residential growth, with new housing developments drawing in families, young professionals, and retirees. This expanding population supports ongoing demand for drive-thru coffee and specialty beverages. The lease is backed by Boersma Bros. LLC, providing strong corporate financial support and reducing risk for investors. Dutch Bros’ strong operational history and successful expansion model contribute to long-term tenant stability.
Property Facts
Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Fast Food
Building Size
950 SF
Building Class
B
Year Built
2024
Price
$1,837,000
Price Per SF
$1,934
Cap Rate
5.25%
NOI
$96,425
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Lot Size
0.88 AC
Parking
15 Spaces (15.79 Spaces per 1,000 SF Leased)
Amenities
- Drive Thru
Nearby Major Retailers
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Dutch Bros | 870 N FM 548
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