729 N Main St - Freestanding FOR SALE


Clearfield, UT 84015
$2,876,000 USD
650-678-7200
729 N Main St, Clearfield, UT for Sale
$2,876,000 USD
Freestanding - FOR SALE
1/4
null | 5.25% Cap Rate

729 N Main St
Clearfield, UT 84015


HIGHLIGHTS

  • 17+ years remaining on absolute net lease featuring 10% rental increases every 5 years
  • Price per foot 50%+ lower than traditional Dutch Bros buildings – safer entry point intrinsics
  • Corporate guaranty from tenant’s parent company – Boersma Bros, LLC
  • Newly renovated QSR building with drive-thru
  • Visibility along Interstate 15 – 106,000+ VPD
  • Large footprint Dutch building (2,735 SF) offering enhanced long-term versatility and future redevelopment optionality

OVERVIEW

17+ years remaining on an absolute net corporate Dutch Bros lease featuring 10% rental increases every 5 years throughout the base term and options. The subject property benefits from standalone visibility along Interstate 15 (106,000+ VPD) in Clearfield – an affluent/high growth Salt Lake City market where the population is projected to increase within a 1, 3, and 5-mile radius over the next 5 years.

FOR SALE DETAILS

PRICE

$2,876,000 USD

PRICE/SF

$1,052 USD /SF

CAP RATE

5.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dutch Bros

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1995

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.93 AC

LAND SF

40,714 SF

ZONING

C-2

APN/PARCEL ID

14-071-0032

ASK ABOUT THIS PROPERTY

John AndreiniCP Partners CREMore Info
650-678-7200

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John AndreiniCP Partners CREMore Info
650-678-7200

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