Dutch Bros (GL)

Dutch Bros (GL)

Grapevine, TX

Grapevine, TX

Dutch Bros (GL)

Offered for sale is the opportunity to acquire a corporately guaranteed Dutch Bros ground lease in Grapevine, Texas. The property consists of an 862-square-foot, freestanding building with two drive-thru lanes that sits on approximately 0.69 acres of land. The tenant signed a new 15-year lease, with 10 percent rental escalations scheduled every five years, as well as each option thereafter.

Building Size 862 sqft
Lot Size 0.69 acres
Year Built 2022
Offering Memorandum

Vincent Knipp

Senior Managing Director Investments
(972) 755-5205
vincent.knipp@marcusmillichap.com
License: TX 0579633
FINANCING TEAM

Duke Dennis

Director
(817) 932-6172

 

  • New 15-Year Ground Lease with Corporate Guarantee
  • Located in Grapevine Station North, the 11-Acre Expansion of the Larger 38-Acre Grapevine Station Development
  • 2022 Construction with Two Drive-Thru Lanes
  • The Development Shares an Intersection with Gaylord Texan Resort & Convention Center and Great Wolf Lodge
  • Excellent Access and Visibility on East Northwest Highway (29,890 VPD)
  • More than 246,172 Residents (Five-Mile Radius)
  • Located Minutes from DFW International Airport - 2nd Busiest Airport in the World by Passenger Traffic
  • Affluent Dallas Submarket - Average Household Income of $158,179 (Three-Mile Radius)

Vincent Knipp

Senior Managing Director Investments
(972) 755-5205
vincent.knipp@marcusmillichap.com
License: TX 0579633
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