Gilbert, AZ 85234

Dutch Bros. Coffee Ground Lease

Property Address

1836 North Higley Road, Gilbert, AZ, USA

Offering Summary

  • Price: $2,222,000
  • Lot Size: .88 Acres
  • Cap Rate: 4.50%
  • Year Built: 2022
  • Building SF: 900
  • Status: Available
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  • Brand New 20-Year Lease with Absolute Triple-Net Ground Lease at Hard-Corner Location
  • Ten Percent Rental Increases Every Five Years
  • 346,182 Residents within a Five-Mile Radius - Phoenix MSA
  • New 2022 Construction with a Drive-Thru
  • Franchisee Operates 20+ Dutch Bros Coffee Locations in the Phoenix Area
  • Located Directly Off the Superstition Freeway (US 60) with 179,800+ Cars/Day
  • Easily Accessible Hard-Corner Signalized Location Along East Baseline Road (Over 42,000 Cars/Day) and Higley Road (Over 45,000 Cars/Day)
  • Immediate Proximity to Banner Gateway Medical Center
  • Average Household Income Exceeds $98,000 in the Immediate Area
  • Down the Street from Superstition Springs Center Shopping Mall with Major National Tenants: Walmart Supercenter, Best Buy, Target, Costco, and Many More

Broker Information