US - Lubbock, TX
NZ$16,213,000 | 6,548 m²
Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to exclusively offer for sale the fee-simple interest in a brand new 2022 construction corporate Dutch Bros Coffee located in Burleson (DFW), TX (“Property”).
Dutch Bros is operating on an absolute triple-net lease with a full 15 years of lease term remaining and 10% rent increases every five years throughout the primary and renewal option periods.
Dutch Bros is one of the fastest growing retail tenants in the nation that currently operates 538 coffee shops in 12 states and plans to operate 4,000 locations nationwide within the next 15 years. In 2021, Dutch Bros recorded revenues of $497.9M, representing a 52.1% year-over-year increase.