23683 Power Rd - Fast Food FOR SALE
Queen Creek, AZ 85142 |
$3,550,000 USD
602-687-6780
23683 Power Rd
Queen Creek, AZ 85142
HIGHLIGHTS
- 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
OVERVIEW
Dutch Bros Coffee is one of the largest publicly-traded drive-thru coffee companies with approximately 982 stores open in 18 states.
Queen Creek is a boom town, with exceptional climate, natural recreational riches and a relaxed, rural lifestyle. Population has nearly doubled since 2010. According to the most recent census, Queen Creek is the number one fastest growing city in the state of Arizona.
FOR SALE DETAILS
PRICE
$3,550,000 USD
PRICE/SF
$3,737 USD /SF
CAP RATE
5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Dutch Bros Coffee Ground Lease
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
ADD'L SUBTYPES
Freestanding, Restaurant
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2025
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.33 AC
LAND SF
57,935 SF
ZONING
-
APN/PARCEL ID
-
ASK ABOUT THIS PROPERTY
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602-687-6780
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602-687-6780
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