723 Belt Line - Retail FOR SALE
Cedar Hill, TX 75104 |
723 Belt Line
Cedar Hill, TX 75104
HIGHLIGHTS
- New 15-year absolute NNN corporate lease with 10% rental increases every five years, providing a hedge against inflation
- Dutch Bros (NYSE: “BROS”) went public in 2021 – now valued at over $5.6 billion
- Dutch Bros is one of the fastest-growing brands in the food service and restaurant industry in the U.S. by location count
- As of August 2022, Dutch Bros opened 61 stores in Texas with plans to open approximately 100 locations in the state by 2023
- In Q2 2022, company-operated store revenues increased 55.9% to $160.5 million compared to $103.0 million during the same period of 2021
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
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BUILDING DETAILS
PROPERTY NAME
Dutch Bros | Cedar Hill
PROPERTY TYPE
Retail
TOTAL BUILDING SIZE
950
STORIES
1
YEAR BUILT
2022
SPRINKLERS
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PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
167506300A2R2B000
