603 W Princeton Dr | Princeton, TX 75407
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- LoopNet Team
603 W Princeton Dr
Princeton, TX 75407
Dutch Bros · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 15-Year Absolute NNN Lease to Iconic Corporate Tenant with Corporate Guaranty
- Dutch Bros is the Country’s Largest Privately Held Drive-Thru Coffee Chain with A Goal of Adding More Than 500 New Sites by 2023
- Average Annual Household Income of $93,526 Within One Mile of the Site
- ?10% Rental Increases Every Five Years
- High-Traffic Location Along U.S. Route 380/West Princeton Drive (31,264 AADT)
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
920 SF
Building Class
C
Year Built
2021
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
0.72 AC
Parking
10 Spaces (10.87 Spaces per 1,000 SF Leased)
Frontage
27’ on West Princeton Drive
AMENITIES
- Dedicated Turn Lane
- Pylon Sign
- Signage
- Drive Thru
- Wheelchair Accessible
- Monument Signage
- Air Conditioning
- Smoke Detector
PROPERTY TAXES
| Parcel Number | R-11818-00A-001A-1 | Improvements Assessment | $536,445 |
| Land Assessment | $689,032 | Total Assessment | $1,225,477 |
PROPERTY TAXES
Parcel Number
R-11818-00A-001A-1
Land Assessment
$689,032
Improvements Assessment
$536,445
Total Assessment
$1,225,477
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