Riverside, CA - Dutch Bros

Description:

SRS National Net Lease is pleased to offer the opportunity to acquire a leased fee (land ownership) in an absolute NNN leased, corporate guaranteed, Dutch Bros Coffee investment property located in Riverside, California. The tenant, BB Holdings CA, LLC recently signed a brand new 15-year lease with 3 (5-year) options to extend, demonstrating their commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for a passive investor.

The Dutch Bros is strategically located along Magnolia Avenue 29,600 VPD, a major retail and commuter corridor in Riverside, with traffic counts exceeding 209,000 VPD on the nearby Riverside Freeway (CA-91) and 31,900 VPD on Van Buren Boulevard. The site benefits from excellent visibility and direct access at a signalized intersection, positioned within one of Riverside’s most prominent retail trade corridors. The property is surrounded by numerous national and credit tenants driving consistent consumer traffic, including Walmart, Lowe’s, Target, Ross, Best Buy, Albertsons, CVS, and Stater Bros., as well as popular quick-service operators such as Chick-fil-A, Dunkin’, and In-N-Out Burger. Dutch Bros is located near key shopping centers such as Magnolia Tyler Shopping Center, Lincoln Plaza, and Galleria at Tyler Mall (anchored by Macy’s and AMC), further reinforcing the site’s strong retail synergy. The immediate trade area also benefits from institutional anchors including California Baptist University (11,000+ students), Parkview Community Hospital (193 Beds), and Kaiser Permanente Riverside Medical Center (359 Beds), generating daily traffic to the corridor. The 5-mile trade area is supported by a dense population base of 262,476 residents, with an affluent average household income of $118,947, and over 72,000 employees. This combination of high traffic counts, strong demographics, and credit retail adjacencies positions the Dutch Bros as a premier retail investment within the Inland Empire.