Dutch Bros Coffee

The Snyder Carlton National Net Lease Team is pleased to present an excellent opportunity to purchase a Dutch Bros Coffee in Syracuse, UT. The rapidly growing and publicly traded (NYSE: BROS) drive-thru coffee chain currently operates 1,225 locations across 27 states and is on track to reach 2,029 locations by 2029. With a brand new 15-year absolute NNN lease, three 5-year option periods and 10% rent increases every 5 years, this asset is ideal for an investor seeking long-term passive cash flows. 

The new construction 1,025 SF building with double drive-thrus on 0.60-acre parcel is located along West Antelope Drive, which sees over 30,894 VPD, and is only 30 minutes from downtown Salt Lake City (MSA population exceeding 1.5 million). The subject property is directly opposite Walmart Supercenter with a new Walmart fuel station and is one mile from the recently completed Costco Wholesale and EoS Fitness. Nearby retailers include Smith’s Grocery Store & Fuel Center, 7-Eleven, Walgreens, CVS Pharmacy, Dollar Tree, Maverik, McDonald’s, Starbucks, Wendy’s, Jack in the Box, Arby’s and more.

This is a great opportunity to acquire an absolute triple net leased coffee shop in the Davis County, UT on a long-term lease with solid rent increases, zero landlord responsibilities, and strong tenant credit growth potential providing inflation resistant income for years to come.

Available