Dutch Bros Coffee - 15 Yr Absolute NNN Lease 5960 75th ave

The Snyder Carlton National Net Lease Team is pleased to present an excellent opportunity to purchase a brand-new absolute NNN Dutch Bros Coffee with a 15-year primary term and three 5-year option periods located in Glendale, AZ. The rapidly growing and publicly traded drive-thru coffee chain currently operates over 950 locations across 18 states with 160+ locations to be opened in 2025. With 10% rent increases every 5 years and no landlord responsibilities this asset is ideal for an investor seeking long term passive cash flows.
Located within the Phoenix MSA (Population: 4.7 million), the 1,242 SF building with double drive-thru’s is positioned on the hard corner signalized intersection of W Bethany Home Road & N 75th Avenue which have a combined traffic county exceeding 33,900 VPD. Although the subject property is positioned in the midst of residential neighborhoods, Dutch Bros is less than 3 miles from some of Phoenix’s greatest attractions. The Westgate Entertainment District see over 22 million visitors annually, State Farm Stadium, home to the Arizona Cardinals, seats over 63,400 fans and Desert Diamond area is one of Arizona’s largest venues for concerts, shows and sporting events. Nearby retailers include Safeway, Fry’s, Ace Hardware, EoS Fitness, Walgreens, AutoZone, Dairy Queen, Jack in the Box & more.