November Capital / May 16, 2023
The drive-thru only concept – with about 800 locations across the US – has been a sought after asset for investors. 1031 exchange buyers have parked funds into these passive (typically ground leased or absolute NNN) deals.
4/28/2023 – Dutch Bros – Beaumont, CA – 15 year lease sells for $1.9M (4.25% Cap Rate)
4/21/2023 – Dutch Bros – Sulphur Springs, TX – 15 year lease sells for $1.6M (5.15% Cap Rate)
3/27/2023 – Dutch Bros – Tulsa, OK – 15 year lease sells for $2.05M (5.51% Cap Rate)
2/15/2023 – Dutch Bros – Visalia, CA – 15 year lease sells for $1.63M (4.37% Cap Rate)
1/18/2023 – Dutch Bros – Surprise, AZ – 15 year lease sells for $3.03M (4.60% Cap Rate)
1/6/2023 – Dutch Bros – Clarksville, TN – 15 year lease sells for $1.67M (5.30% Cap Rate)
11/10/2022 – Dutch Bros – Tulsa, OK – 15 year lease sells for $2.04M (4.15% Cap Rate)
