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729 N Main St
Clearfield, UT 84015
Dutch Bros · Retail Property For Sale
Investment Highlights
- 17+ years remaining on absolute net lease featuring 10% rental increases every 5 years
- Corporate guaranty from tenant’s parent company – Boersma Bros, LLC
- Visibility along Interstate 15 – 106,000+ VPD
- Price per foot 50%+ lower than traditional Dutch Bros buildings – safer entry point intrinsics
- Newly renovated QSR building with drive-thru
- Large footprint Dutch building (2,735 SF) offering enhanced long-term versatility and future redevelopment optionality
Executive Summary
17+ years remaining on an absolute net corporate Dutch Bros lease featuring 10% rental increases every 5 years throughout the base term and options. The subject property benefits from standalone visibility along Interstate 15 (106,000+ VPD) in Clearfield – an affluent/high growth Salt Lake City market where the population is projected to increase within a 1, 3, and 5-mile radius over the next 5 years.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,735 SF
Building Class
C
Year Built/Renovated
1995/2024
Price
$2,876,000
Price Per SF
$1,051.55
Cap Rate
5.25%
NOI
$151,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.93 AC
Zoning
C-2
Parking
25 Spaces (9.14 Spaces per 1,000 SF Leased)
Frontage
84’ on N Main St
Property Taxes
| Parcel Number | 14-071-0032 | Improvements Assessment | $965,529 |
| Land Assessment | $555,001 | Total Assessment | $1,520,530 |
Property Taxes
Parcel Number
14-071-0032
Land Assessment
$555,001
Improvements Assessment
$965,529
Total Assessment
$1,520,530
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