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Views: 854 DOM: 28 Updated: 03.03.25 Posted: 03.03.25 Status: Active 03.03.25

Summary

Price $2,755,714
Built/Renov 2024
Tenant Dutch Bros. Coffee
Cap Rate 5.60%
Lease Type Abs NNN
Guarantor Corp Traded
Size/SF 950
Lease Start 12-15-2024
#Units 700
Price/SF $0.00
Expiration 12-31-2039
Tenant Type Fast Food/QSR
NOI $154,320
R. Term 14.9
Ownership Fee Simple
Rent/SF $162.44
Increases 10.0%/5/yrs
Pop 5Mi 50,071
Lot/AC 0.76
Options 3/5yrs/10%
AHHI 5Mi $77,638

Lease Highlights

  • Dutch Bros Stock Up 55% YTD (NYSE: BROS)
  • 15-Year Absolute NNN Lease | No Landlord Responsibility | OPEN!
  • Prattville Shopping Center | 176,549 SF Recently Redeveloped
  • Signalized Corner Location | 37,727 ADTC
  • Three 5-Year Renewal Options with 10% Increase Every 5 Years
  • 5-Mile Population: 50,071 | 3.47% Growth Projected
  • 1-Mile Avg. Household Income: $79,409
  • Across from Aldi & Walmart Supercenter (Top 20 in State for Foot Traffic)
  • 2 Miles from Baptist Hospital, the City's Premier Medical Center

Location Description

Brand new drive-thru Dutch Bros. Coffee located in Prattville, Alabama. It is part of the 176,549 SF Prattville Shopping Center located at the crossroads of a major signalized intersection. The center is convenient to several large and well-established single family and multi-family communities and within 2 miles of Baptist Hospital, the premier medical center in the city! This 15 year Absolute...

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Maps

  • 1 Mile
  • 3 Miles
  • 5 Miles

Tenant

About Tenant

Dutch Bros. Coffee (NYSE: BROS) is a drive-through, specialty coffee chain with company-owned and franchised locations expanding throughout the western United States. Most of its stores are...


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