3840 E State Highway 31 | Corsicana, TX 75110
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- LoopNet Team
3840 E State Highway 31
Corsicana, TX 75110
Dutch Bros Ground Lease · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- New 15-year corporate absolute NNN ground lease with 10% rental increases every five (5) years
- Dutch Bros (NYSE: “BROS”) went public in 2021 – valued at $4.88B as of February 2024
- In 2023, Dutch Bros opened 159 new shops across 13 states and reported a 30.7% growth of total revenues to $965.8M (compared to $739M in 2022)
- Four (4) five (5) year option periods of five (5) years each, providing a passive long-term income generator
- Dutch Bros Inc. is one of the fastest-growing brands in the food service and restaurant industry in the U.S. by location count with 879 locations acro
- High-visibility and easily accessible location along State Highway 31 West, with access to 16,264 vehicles per day
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
952 SF
Building Class
B
Year Built
2024
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Lot Size
1.03 AC
PROPERTY TAXES
| Parcel Number | 116483 | Improvements Assessment | $338,370 |
| Land Assessment | $334,540 | Total Assessment | $672,910 |
PROPERTY TAXES
Parcel Number
116483
Land Assessment
$334,540
Improvements Assessment
$338,370
Total Assessment
$672,910
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