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8605 Davis Blvd
North Richland Hills, TX 76182
Dutch Bros | North Richland Hills · Retail Property For Sale
Investment Highlights
- New 15-year absolute NNN corporate lease with 10% rental increases every five years, providing a hedge against inflation
- Dutch Bros Inc. is one of the fastest-growing brands in the food service and restaurant industry in the U.S. by location count
- In Q2 2022, company-operated store revenues increased 55.9% to $160.5 million compared to $103.0 million during the same period of 2021
- Dutch Bros (NYSE: “BROS”) went public in 2021 – now valued at over $5.6 billion
- As of August 2022, Dutch Bros opened 61 stores in Texas with plans to open around 100 locations in the state by 2023
- Dutch Bros exceeded $1 billion in systemwide sales in Q2 2022
Property Facts
Property Type
Retail
Property Subtype
Fast Food
Building Size
862 SF
Building Class
B
Year Built
2021
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
0.72 AC
Zoning
C-2
Parking
8 Spaces (9.3 Spaces per 1,000 SF Leased)
Frontage
129’ on Davis Boulevard
Property Taxes
| Parcel Number | 42777982 | Improvements Assessment | $390,280 |
| Land Assessment | $314,720 | Total Assessment | $705,000 |
Property Taxes
Parcel Number
42777982
Land Assessment
$314,720
Improvements Assessment
$390,280
Total Assessment
$705,000
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