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3500-3501 Locke Ave
Fort Worth, TX 76107
Dutch Bros Coffee Ground Lease · Industrial Property For Sale
Investment Highlights
- Dutch Bros Inc. (NYSE: BROS) is one of the fastest-growing brands in the food service & restaurant industry in the United States by location count
- The lease features attractive 10% rental increases every five years throughout the initial term and in each of the three (3) five-year options
- Newly completed in 2022, the Property provides investors with the opportunity to acquire a Class A asset with a premier tenant
- The brand new 15-year NNN Ground Lease commences in March 2022, allowing investors to capitalize on the entire lease term
- Dutch Bros is located off Interstate 30 (122,672 VPD) within minutes of Fort Worth’s top attractions, which draw 9.1 million visitors annually
- Population within 5 miles exceeds 285,000 and soars to nearly 350,000 during the daytime with average household income of more than $117,000
Property Facts
| Property Type | Industrial | Rentable Building Area | 994 SF |
| Property Subtype | Warehouse | No. Stories | 1 |
| Building Class | C | Year Built | 2022 |
| Lot Size | 0.44 AC | Tenancy | Single |
| Construction Status | Demolished | No. Drive In / Grade-Level Doors | 2 |
| Zoning | J | ||
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.44 AC |
| Construction Status | Demolished |
| Rentable Building Area | 994 SF |
| No. Stories | 1 |
| Year Built | 2022 |
| Tenancy | Single |
| No. Drive In / Grade-Level Doors | 2 |
| Zoning | J |
Property Taxes
| Parcel Number | 00312177 | Improvements Assessment | $303,000 |
| Land Assessment | $480,000 | Total Assessment | $783,000 |
Property Taxes
Parcel Number
00312177
Land Assessment
$480,000
Improvements Assessment
$303,000
Total Assessment
$783,000
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