Description

This investment opportunity features a newly constructed Dutch Bros property completed in 2024 and secured by an absolute triple-net (NNN) lease with more than 13 years remaining. The lease is backed by a corporate guaranty from Dutch Bros Inc. (NYSE: BROS) and includes 10% rental increases every five years, along with multiple renewal options, providing long-term income growth and stability. The property features a modern design with two drive-thru lanes and is strategically positioned in a growing trade area serving more than 104,886 residents within a five-mile radius. Dutch Bros is one of the fastest-growing quick-service beverage brands in the United States, operating approximately 1,135 locations across 25 states and specializing in handcrafted beverages delivered through a high-speed, customer-focused drive-thru model. The site benefits from a central location just two miles from downtown Las Cruces and New Mexico State University, enhancing its accessibility and consumer reach. Located in Las Cruces, the second-largest city in New Mexico and the county seat of Doña Ana County, the property serves a market of approximately 111,385 residents and benefits from the area's continued growth, strong regional connectivity, and proximity to El Paso International Airport.