Las Vegas, NV - Dutch Bros
$1,292,000
326 S. Decatur Blvd, Las Vegas, NV 89107
4
Cap Rate
51,670
NOI
Details:
Description:
• Well below market rent of ~$52,000 annually, provides investors with a low basis, long term security, and future upside
• Corporate Guaranty by Dutch Bros Inc., a publicly traded company (NYSE: BROS), and one of the fastest growing coffee and drive-thru restaurant brands in the country with +1,136 locations, $1.64 Billion 2025 Revenue, 32,000 employees, and $2.1 million Average Unit Volume Sales
• ~5-years remaining on 10-year lease with four (4), 5-year renewal options and 10% rental increases at the beginning of each option period, providing future NOI growth
• Ranks in the top 15% of Dutch Bros nationwide per Placer.ai
• Pad to The Spot ; a +100k SF Neighborhood Center with a Brand New Superior Grocers Anchor, Rent-A-Center, Cycle Gear, Conoco Gas Station, and other future tenants.
• Located within a heavily trafficked retail commercial trade area surrounded by a number of significant retail and commercial destinations including: Meadows Mall (4M annual visitors per Placer.ai), Springs Reserve (a 180-acre cultural, historical, and science museum with over 70,000 SF of buildings), Arizona Charlie’s Decatur Hotel & Casino (260 rooms with 55,000 SF of Gaming Area), among many others.
• Nearby National Retailers include: Walmart, Lowe’s, Target, Ross, TJ Maxx, Burlington, Starbucks, Walgreens, McDonald’s, Taco Bell, Chipotle, Aldi, Planet Fitness, among many others
• This established retail corridor serves as a major shopping destination for the surrounding community, reinforcing the long-term viability of the site
Location
Gallery