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Dutch Bros Coffee 1972 Lpga Blvd 950 SF Retail Building Daytona Beach, FL 32117 $2,761,905 ($2,907.27/SF) 5.25% Cap Rate
Investment Highlights
- PRIME LOCATION IN DEVELOPING AREA OF FLORIDA - JUST OPENED
- 10% Rental Rate Increases Every 5 Years
- 85,500 VPD on I-95 | 33,000 VPD on FL 5A
- Excellent Visibility - 39,500 VPD | Traffic Signaled Entrance
- 5 Mile Consumer Spending is $1.4 Billion!
- 1 Mile Population Growth Rate 26.45%!
Executive Summary
This Dutch Bros is located in a developing area on LGPA Blvd seeing 39,500 cars per day with a traffic signaled entrance. It sits in front of the new Marlowe Tomoka Village Luxury Apartments amongst other newly developed sites such as Take 5 Oil Change, Bojangles, White Castle, and Panda Express. The 5 mile population from the site is 130,751. The 1 mile household income is $64,335. This area is seeing explosive growth with the 1 mile population growth rate at 26.45%! The 5 mile consumer spending is $1.4 Billion! PRIME LOCATION to own!!! This investment will offer a new owner continued success due to the strength and proven profitability of the tenant. List price reflects a 5.25% cap rate based on NOI of $145,000.
Property Facts
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
-
Jan 0000
Dutch Bros is a publicly held drive-thru beverage company founded in 1992 in Grants Pass, Oregon by brothers Dane and Travis Boersma. The business began with a single espresso cart and gradually expanded its offerings to include coffee, teas, lemonades, smoothies, and proprietary energy drinks. Over time, the company developed its own roasting operations and broadened its footprint across multiple states through a mix of company-operated and franchise locations. Dutch Bros has incorporated community-focused initiatives into its operations, developing recurring giveback programs and supporting various causes through its foundation. The company has continued to streamline its organizational structure as it grows, transitioning significant corporate support operations to Tempe, Arizona. Dutch Bros trades on the New York Stock Exchange under the ticker symbol BROS, reflecting its position as a publicly listed enterprise. The company’s historical development includes notable milestones such as the introduction of a branded energy drink line and the establishment of programs that support both local communities and charitable causes.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Accommodation and Food Services | - | $9.99 | Lorem Ipsum | Jan 0000 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 5203-18-00-0031 | Improvements Assessment | $0 |
| Land Assessment | $708,638 | Total Assessment | $708,638 |
Property Taxes
Presented by
Dutch Bros Coffee | 1972 Lpga Blvd
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