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

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

Dutch Bros Coffee 9001 E 104th Ave

950 SF Retail Building Henderson, CO 80640 $2,318,000 ($2,440/SF) 5.25% Cap Rate

Investment Highlights

  • 15-year corporate lease with 10% rental increases every 5 years during the primary term and the three, 5-year options
  • Excellent visibility & signage from the signalized intersection of US 85 (CanAm Hwy) and East 104th Avenue
  • Located adjacent to McDonald’s, Taco Bell, 7-Eleven, Papa John’s, and Subway
  • Strong traffic counts: approximately 40,000 VPD on US Route 85 (CanAm Hwy) and 20,000 VPD on E 104th Avenue
  • Subject property is strategically located approximately ½ mile from the entrance of Interstate 76 via US 85, connecting directly to downtown Denver
  • High barriers to entry with protected land immediately in front of the property that will preserve street visibility

Executive Summary

A Dutch Bros Coffee on a 15-year NNN lease with corporate guaranty, located in the Denver MSA. The store opened on February 17th, 2023.

Property Facts

Sale Type
Investment
Sale Condition
Build to Suit
Property Type
Retail
Property Subtype
Fast Food
Building Size
950 SF
Building Class
B
Year Built
2023
Price
$2,318,000
Price Per SF
$2,440
Cap Rate
5.25%
NOI
$121,695
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Land Acres
1.32 AC
Parking
8 Spaces (8.42 Spaces per 1,000 SF Leased)
Frontage
93 FT on East 104th Avenue

Amenities

  • Drive Thru

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease End
  • Accommodation and Food Services
  • -
  • -
  • -

Dutch Bros Inc. (NYSE: BROS) is a high growth operator and franchisor of drive-thru shops that focus on serving high QUALITY, hand-crafted beverages with unparalleled SPEED and superior SERVICE. Founded in 1992 by brothers Dane and Travis Boersma, Dutch Bros began with a double-head espresso machine and a pushcart in Grants Pass, Oregon. While espresso-based beverages are still at the core of what they do, Dutch Bros now offers a wide variety of unique, customizable cold and hot beverages that delight a broad array of customers. They believe Dutch Bros is more than just the products they serve—they are dedicated to making a massive difference in the lives of their employees, customers and communities. This combination of hand-crafted and high-quality beverages, their unique drive-thru experience and their community-driven, people-first culture has allowed them to successfully open new shops and continue to share the “Dutch Luv”.

Tenant Industry SF OCCUPIED RENT/SF Lease End
Accommodation and Food Services - - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1721-10-3-20-023
Land Assessment
$193,080
Improvements Assessment
$59,550
Total Assessment
$252,630
  • Listing ID: 28462580

  • Date on Market: 5/11/2023

  • Last Updated:

  • Address: 9001 E 104th Ave, Henderson, CO 80640

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}