For Sale
$2,257,000

1805 Beltline Rd Decatur, AL 35601

High-Yield NNN Lease Investment, 13.9 Years Remaining

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional investment opportunity presents a fee-simple ownership of a brand-new (2023) Dutch Bros Coffee location in Decatur, Alabama, situated within the rapidly growing Huntsville MSA. The 950 square foot building boasts a highly efficient double drive-thru design, perfectly suited to the brand's high-volume operations. Located on Beltline Road, a major retail corridor with over 38,824 vehicles passing daily, this property benefits from exceptional visibility and accessibility, outparceled to the Decatur Mall (575,947 sq ft). The property is offered at $2,257,000, representing a compelling 5.45% cap rate with a current NOI of $123,000. The absolute NNN lease features a corporate guarantee from Dutch Bros Coffee (NYSE: BROS), a publicly traded company with significant growth plans. The lease has 13.9 years remaining, with three 5-year renewal options, and includes 10% rent increases every five years, providing a strong hedge against inflation. This is a truly passive income opportunity with minimal landlord responsibilities, backed by a thriving brand in a prime location within a booming market. The property's proximity to Huntsville, Alabama's fastest-growing city, further enhances its long-term investment potential. This is a rare chance to acquire a high-performing, low-maintenance asset with significant upside.

Highlights

  • Corporate-backed lease by publicly traded Dutch Bros Coffee (NYSE: BROS), with 835+ locations and expansion plans.
  • 13.9 years remaining on a 15-year lease with three 5-year renewal options.
  • Absolute NNN lease; no landlord responsibilities.
  • 10% rent increases every five years.
  • Located 25 miles from Huntsville, Alabama, in a high-traffic area on Decatur's Beltline Road (38,824+ VPD), outparceled to a 575,947 SF Decatur Mall.
  • Newly constructed (2023) with a high-volume double drive-thru design.

Property Details for 1805 Beltline Rd

Property type
Retail properties, Restaurants
Square Feet
950 SF
Year Built
2023
Buildings
1
Stories
1

Location Insight

City
Decatur
County
Morgan
State
Alabama
Latitude
34.5736606
Longitude
-87.0164578

FAQs

What type of property is this?
Retail property - High-Yield NNN Lease Investment, 13.9 Years Remaining
Where is the retail property located?
The property is located at 1805 Beltline Rd Decatur, AL.
What is the asking price?
The asking price for this property is $2,257,000.
What are key features of this property?
This property features: Corporate-backed lease by publicly traded Dutch Bros Coffee (NYSE: BROS), with 835+ locations and expansion plans.; 13.9 years remaining on a 15-year lease with three 5-year renewal options.; Absolute NNN lease; no landlord responsibilities.
How can I contact the broker?
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1805 Beltline Rd
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