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Dutch Bros N/ NWC Ellsworth Rd & Elliot Rd 950 SF Retail Building Mesa, AZ 85212 $1,933,500 ($2,035.26/SF) 4.50% Cap Rate



Executive Summary
Velocity Retail Group is pleased to offer this Dutch Bros Coffee Ground Leased Investment located at N/NWC Elliot Rd & Ellsworth Rd, Mesa, AZ 85212 (the “Property”). With a 15-year primary lease term, this offering presents an excellent opportunity for an investor to acquire an income-producing commercial property with a high-growth, industry-leading QSR tenant that has mastered the drive-thru business model of serving coffee and assorted energy drinks to on-the-go customers.
Highlights:
- Brand New Dutch Bros 950 SF Drive Thru Building: The 950 SF building with dual drive-thru lanes is designed for high-volume beverage service to on-the-go consumer base.
- Large Pad Size: 43,513 SF pad size with street frontage on Ellsworth Road provides customers with easy on-site parking along with ample vehicle stacking in drive-thru pick up lanes.
- 15-year Dutch Bros Ground Lease: Long primary lease term and with minimal landlord responsibilities provides a stable passive investment income stream.
- Elliot Road Technology Corridor: The property is located within the rapidly expanding Elliot Road Technology Corridor that includes Meta, Apple, Amazon, and Google and other high profile tech company operations. Within 3 miles of the Property, there are 1,686 businesses with 8,794 employees. Dignity Health Hospital is located at the Elliot Rd and Ellsworth Rd intersection and is within 1,000 feet of the Property.
- Eastmark Communities: There are 88,845 residents with an average household income of $141,266 within 3-miles of the Property. Many residents live in the highly acclaimed Eastmark Communities master planned development.
- Loop 202 Nearby: There is a full diamond interchange at Elliot Road and Loop 202 Freeway (101,324 CPD), which is less than ½ mile from the Property.
Highlights:
- Brand New Dutch Bros 950 SF Drive Thru Building: The 950 SF building with dual drive-thru lanes is designed for high-volume beverage service to on-the-go consumer base.
- Large Pad Size: 43,513 SF pad size with street frontage on Ellsworth Road provides customers with easy on-site parking along with ample vehicle stacking in drive-thru pick up lanes.
- 15-year Dutch Bros Ground Lease: Long primary lease term and with minimal landlord responsibilities provides a stable passive investment income stream.
- Elliot Road Technology Corridor: The property is located within the rapidly expanding Elliot Road Technology Corridor that includes Meta, Apple, Amazon, and Google and other high profile tech company operations. Within 3 miles of the Property, there are 1,686 businesses with 8,794 employees. Dignity Health Hospital is located at the Elliot Rd and Ellsworth Rd intersection and is within 1,000 feet of the Property.
- Eastmark Communities: There are 88,845 residents with an average household income of $141,266 within 3-miles of the Property. Many residents live in the highly acclaimed Eastmark Communities master planned development.
- Loop 202 Nearby: There is a full diamond interchange at Elliot Road and Loop 202 Freeway (101,324 CPD), which is less than ½ mile from the Property.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment NNN
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
950 SF
Building Class
B
Year Built
2026
Price
$1,933,500
Price Per SF
$2,035.26
Cap Rate
4.50%
NOI
$87,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Lot Size
1.00 AC
Opportunity Zone
Yes
Nearby Major Retailers
1 of 5
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Dutch Bros | N/ NWC Ellsworth Rd & Elliot Rd
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