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Dutch Bros Coffee 8749 Bent Tree Dr 950 SF 4-Star Retail Building Amarillo, TX 79119 $1,975,000 ($2,078.95/SF) 5.85% Cap Rate
Investment Highlights
- Triple Net (NNN) Lease with Dutch Bros. - Tenant pays for all real estate taxes, property insurance, and maintenance, including roof, structure, etc.
- Long Term Lease with More Than 11 Years Remaining Plus Three Five-Year Options
- Desirable Double Drive Thru Format on a Hard Corner Pad
- Rare Fee Simple Build to Suit, Land and Building, Not A Ground Lease
- Growing Income With 10% Increases Every Five Years
- Established, Higher Income Amarillo Trade Area
Executive Summary
Just Listed: Fee Simple Dutch Bros Coffee | 5.85% Cap | Amarillo, TX
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
950 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2023
Price
$1,975,000
Price Per SF
$2,078.95
Cap Rate
5.85%
NOI
$115,610
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
0.65 AC
Zoning
Commercial
Parking
13 Spaces (13.68 Spaces per 1,000 SF Leased)
Frontage
100’ on South Soncy Road
Amenities
- Drive Thru
- Air Conditioning
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | R-370-0620-3000-0 | Improvements Assessment | $0 |
| Land Assessment | $881,654 | Total Assessment | $881,654 |
Property Taxes
Parcel Number
R-370-0620-3000-0
Land Assessment
$881,654
Improvements Assessment
$0
Total Assessment
$881,654
Contacts
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Patrick Wade -
Bo Henderson -
Alex Kozakov -
Matthew Greenberg -
Jack Webber -
Nick Solomon -
Vivian Tran -
CBRE, Inc.
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