Dutch Bros
9001 East 104th Avenue, Henderson, CO
For Sale
Retail
Restaurant
$2,340,288
Price
5.2%
Cap Rate
$121,695
NOI
Overview
Cap Rate
5.2%
NOI
$121,695
Building Size
950 sqft
Lot Area
1.32 sqft
Occupancy
100%
Lease Type
Triple Net
Year Built
2023
Tenancy
Single
Description
A Dutch Bros Coffee on a 15-year NNN lease with corporate guaranty, located in the Denver MSA. The store opened on February 17th, 2023.
Highlights
- 15-year corporate lease with 10% rental increases every 5 years during the primary term and the three, 5-year options
- Strong traffic counts: approximately 40,000 VPD on US Route 85 (CanAm Hwy) and 20,000 VPD on E 104th Avenue
- Excellent visibility & signage from the signalized intersection of US 85 (CanAm Hwy) and East 104th Avenue
- Subject property is strategically located approximately ½ mile from the entrance of Interstate 76 via US 85, which connects directly to downtown Denver, Interstate 25, and Interstate 270
- Located adjacent to McDonald’s, Taco Bell, 7-Eleven, Papa John’s, and Subway
- High barriers to entry with protected land immediately in front of the property that will preserve street visibility