For Sale
$1,983,000

8749 Bent Tree DrAmarillo, TX 79119

High-yield Dutch Bros. QSR, Texas.

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional investment opportunity presents a fee-simple ownership of a brand-new Dutch Bros Coffee drive-thru location in Amarillo, Texas. Built in 2023, this 950 square foot property sits on a 0.65-acre lot and boasts a double drive-thru configuration, maximizing operational efficiency and customer convenience. The property features 13 parking spaces and is situated in a high-traffic area with excellent visibility. The current tenant, Dutch Bros. Coffee, is secured by a 15-year absolute NNN lease (with three 5-year renewal options), commencing March 31, 2023, and expiring March 31, 2038. The lease includes a corporate guarantee and provides for a 10% rent increase every five years, offering significant protection against inflation and a substantial return on investment. The property generates a Net Operating Income (NOI) of $105,100, resulting in a 5.30% cap rate. The property is zoned for general retail use and is located in Randall County, Texas, with the address being 8749 Bent Tree Dr, Amarillo, TX 79119. The location benefits from proximity to major retailers, car dealerships, and the Medical Center Park and Texas Tech Health Campus, ensuring consistent high foot traffic. This is a passive investment opportunity with strong long-term growth potential in a thriving market. The property's location within Amarillo, a key economic hub in the Texas Panhandle, offers further stability and growth potential.

Highlights

  • $1,983,000 asking price for a Dutch Bros Coffee retail property.
  • 15-year NNN lease with three 5-year renewal options, commencing March 31, 2023.
  • Corporate guarantee from Dutch Bros Coffee (NYSE: BROS).
  • 950 square foot building on a 0.65-acre lot with 13 parking spaces, built in 2023.
  • 5.30% cap rate based on a $105,100 net operating income (NOI).
  • 10% rent increases every five years.

Property Details for 8749 Bent Tree Dr

Property type
Retail properties
Square Feet
950 SF
Year Built
2023
Lot Size (sq. ft)
28,314 SF

Location Insight

City
Amarillo
County
Randall
State
Texas
Latitude
35.164165764853
Longitude
-101.93863776461
8749 Bent Tree Dr, Amarillo, Texas

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8749 Bent Tree Dr
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