1311 N Santa Fe Ave - Retail FOR SALE


Pueblo, CO 81003
$3,029,000 USD
415-690-5522
1311 N Santa Fe Ave, Pueblo, CO for Sale
$3,029,000 USD
Retail - FOR SALE
1/9
null | 5.25% Cap Rate

1311 N Santa Fe Ave
Pueblo, CO 81003


HIGHLIGHTS

  • New 15-year absolute NNN lease to Dutch Bros, the second-largest drive-thru coffee chain in the U.S.
  • 10% rental increases every five (5) years in initial term and option periods, ensuring consistent income growth
  • Tenant covers all taxes, insurance, and maintenance, including roof, structure, and parking lot, providing a fully passive investment
  • Dutch Bros opened its 1,000th shop in February 2025 and plans to open 1,000 more by 2029.
  • Total revenue for Q1 2025 increased by 29% year-over-year, per Yahoo Finance, with expectations of annual revenue growth of approximately 20%.

OVERVIEW

Highly visible and easily accessible location near at signalized four-way intersection of North Santa Fe Avenue and East 13th Street, allowing for prime site visibility (combined 24,000+ AADT). Dutch Bros opened its 1,000th shop in February 2025 and plans to open 1,000 more by 2029. Strong Demographic Base: The five-mile radius serves a populous region of 113,287, with an average annual household income of $77,246. The site’s immediate access to Interstate 25 (80,000 AADT) allows the property to capture significant local and commuter traffic. Benefits from Denver’s massive tourism draw, driving regional economic activity (37 million visitors in 2024, approx. $10.3B in tourist spending). Projected income increases within 1-, 3-, and 5-mile radii over the next five years poise this Dutch Bros and Pueblo for steady concurrent growth

FOR SALE DETAILS

PRICE

$3,029,000 USD

PRICE/SF

$3,188 USD /SF

CAP RATE

5.25%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dutch Bros

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

13

LAND DETAILS

LAND ACRES

0.72 AC

LAND SF

31,363 SF

ZONING

-

APN/PARCEL ID

0-5-25-4-14-012,0-5-25-4-14-013

ASK ABOUT THIS PROPERTY

Vincent AicaleCushman & WakefieldMore Info
415-690-5522

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Vincent AicaleCushman & WakefieldMore Info
415-690-5522

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.