8605 Davis Blvd | North Richland Hills, TX 76182
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- LoopNet Team
8605 Davis Blvd
North Richland Hills, TX 76182
Dutch Bros | North Richland Hills · Retail Property For Sale
Investment Highlights
- New 15-year absolute NNN corporate lease with 10% rental increases every five years, providing a hedge against inflation
- Dutch Bros Inc. is one of the fastest-growing brands in the food service and restaurant industry in the U.S. by location count
- In Q2 2022, company-operated store revenues increased 55.9% to $160.5 million compared to $103.0 million during the same period of 2021
- Dutch Bros (NYSE: “BROS”) went public in 2021 – now valued at over $5.6 billion
- As of August 2022, Dutch Bros opened 61 stores in Texas with plans to open around 100 locations in the state by 2023
- Dutch Bros exceeded $1 billion in systemwide sales in Q2 2022
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
862 SF
Building Class
B
Year Built
2021
Tenancy
Single
Number of Floors
1
Building FAR
0.03
Lot Size
0.72 AC
PROPERTY TAXES
| Parcel Number | 42777982 | Improvements Assessment | £293,715 |
| Land Assessment | £247,637 | Total Assessment | £541,353 |
PROPERTY TAXES
Parcel Number
42777982
Land Assessment
£247,637
Improvements Assessment
£293,715
Total Assessment
£541,353
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