1475 S Valley Dr - Fast Food FOR SALE


Las Cruces, NM 88005
$2,822,500 USD
602-687-6700
1475 S Valley Dr, Las Cruces, NM for Sale
$2,822,500 USD
Fast Food - FOR SALE
1/5
null | 5.35% Cap Rate

1475 S Valley Dr
Las Cruces, NM 88005


HIGHLIGHTS

  • 13+ Years Remaining on Absolute Triple-Net (NNN) Lease with Corporate Dutch Bros Guaranty (NYSE: BROS)
  • Dutch Bros is One of the Fastest-Growing Brands in the Quick Service Beverage Industry in the U.S. with ±1,135 Locations in 22 States
  • 10% Rental Increases Every 5 Years with Multiple Renewal Options
  • New 2024 Construction with Two Drive-Thru Lanes
  • Growing Trade Area in Las Cruces - 104,886 Residents within a 5-Mile Radius
  • Central Location Just 2 Miles from Downtown Las Cruces and New Mexico State University

OVERVIEW

Dutch Bros is a high growth operator and franchisor of drive-thru shops that focus on serving high quality, handcrafted beverages with unparalleled speed and superior service. Dutch Bros Coffee is one of the largest publicly-traded drive-thru coffee companies with approximately 1,135 stores open across 25 states. Las Cruces is the second-most populous city in New Mexico and serves as the county seat of Doña Ana County. The city is home to an estimated 111,385 residents. Las Cruces is a thriving city surrounded by picturesque desert and conveniently located less than an hour from El Paso International Airport.

FOR SALE DETAILS

PRICE

$2,822,500 USD

PRICE/SF

$2,971 USD /SF

CAP RATE

5.35%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dutch Bros | 13+ Years | Across from Walmart

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant, undefined

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.65 AC

LAND SF

28,320 SF

ZONING

C2

APN/PARCEL ID

02-42313

ASK ABOUT THIS PROPERTY

Ryan SarbinoffMarcus & MillichapMore Info
602-687-6700

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Ryan SarbinoffMarcus & MillichapMore Info
602-687-6700

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