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Dutch Bros. Coffee 1475 S Valley Dr 950 SF 4-Star Retail Building Las Cruces, NM 88005 $2,876,500 ($3,027.89/SF) 5.25% Cap Rate
EXECUTIVE SUMMARY
New Mexico State University – Las Cruces campus, with over 14,794 enrolled students, is located within 2-miles from the Property. Las Cruces High School, with 1,830 students, is located within 1.5 miles. In the 3-mile radius of the Property, the population is 67,642 with an AHHI of $59,004 and median age of 32.1 years. The youthful local population forms an ideal part of the Dutch Bros customer base.
The Property is located within a half mile of Interstate 10 (31,172 CPD) and fronts S Valley Dr (18,377 CPD). Hwy 28 (18,207 CPD) is within six hundred feet of the Property. Walmart Supercenter, Albertsons, McDonalds, Planet Fitness, Circle K, and other national retailers located nearby the Property draw a steady stream of consumers to the immediate trade area.
The El Paso-Las Cruces MSA generates $33 Billion annual GDP and has a population of 1,095,532. Many aerospace corporations have a significant presence in Las Cruces. Holloman Air Force Base (21,000 Air Force and DoD personnel) and NASA’s White Sands Test facility are within commuter distance of Las Cruces. Other Las Cruces area major employers include Lockheed Martin, General Dynamics Information Technology, Peraton Communications, Space and Technology Solutions, New Mexico State University and Jacobs Engineering. Within a 3-mile of the Property there are 3,737 businesses with 33,566 employees.
PROPERTY FACTS
AMENITIES
- Signage
- Drive Thru
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
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- Accommodation and Food Services
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$9.99
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Lorem Ipsum
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Jan 0000
Dutch Bros Inc. (NYSE: BROS) is a high growth operator and franchisor of drive-thru shops that focus on serving high QUALITY, hand-crafted beverages with unparalleled SPEED and superior SERVICE. Founded in 1992 by brothers Dane and Travis Boersma, Dutch Bros began with a double-head espresso machine and a pushcart in Grants Pass, Oregon. While espresso-based beverages are still at the core of what they do, Dutch Bros now offers a wide variety of unique, customizable cold and hot beverages that delight a broad array of customers. They believe Dutch Bros is more than just the products they serve—they are dedicated to making a massive difference in the lives of their employees, customers and communities. This combination of hand-crafted and high-quality beverages, their unique drive-thru experience and their community-driven, people-first culture has allowed them to successfully open new shops and continue to share the “Dutch Luv”.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
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Accommodation and Food Services | - | $9.99 | Lorem Ipsum | Jan 0000 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 02-42313 | Improvements Assessment | $128,187 |
| Land Assessment | $61,347 | Total Assessment | $189,534 |
PROPERTY TAXES
CONTACTS
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Eli Castronova -
Dave Cheatham -
Darren Pitts -
Paige Keefer -
Velocity Retail Group
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Dutch Bros. Coffee | 1475 S Valley Dr
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