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Queen Creek, AZ 85142
Dutch Bros Ground Lease
Property Address
23683 South Power Road, Queen Creek, AZ, USA
Offering Summary
Price:
$3,550,000
Lot Size:
1.33 Acres
Cap Rate:
5.0%
Year Built:
2025
Building SF:
950
Status:
Available
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15 Years Remaining on Lease Absolute NNN Ground Lease Term with Corporate Dutch Bros Guaranty (NYSE: BROS)
10% Rental Increases Every 5 Years with Multiple Renewal Options
150,000+ Residents in a 5-Mile Radius - Growing Trade Area in Queen Creek
Households and Population Projected to Increase More Than 7.5% in the Surrounding Area Over the Next 5 Years
Nearby Major Tenants Include Basha’s, McDonald’s, Ace Hardware, and More
5 Miles from the Arizona State University Polytechnic Campus
Frontage Along S Power Rd and E Chandler Heights, Easily Accesible to 35,800+ Cars per Day
Broker Information
Chris Lind
Agent
Phone Number:
602.687.6780
chris.lind@marcusmillichap.com
Mark Ruble
Agent
Phone Number:
602.687.6766
mruble@marcusmillichap.com
Zack House
Agent
Phone Number:
602.687.6650
zhouse@marcusmillichap.com
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