9730 N Oracle Rd - Freestanding FOR SALE
Oro Valley, AZ 85704 |
$2,357,000 USD
310-966-0122
9730 N Oracle Rd
Oro Valley, AZ 85704
HIGHLIGHTS
- Corporate Guarantee | Backed by Dutch Bros Inc. (NYSE: BROS), one of the fastest-growing drive-thru coffee brands in the U.S. with over 900 locations
- Fee Simple – Absolute NNN Lease | Just under 10 years remaining on a corporate lease with zero landlord responsibilities
- Built-in Rent Growth | Fixed 10% rental increases every 5 years, including during option periods, offering a hedgeagainst inflation
OVERVIEW
Surmount is pleased to present the exclusive listing for a Dutch Bros located at 9730 North Oracle Road, Oro Valley, AZ 85704. The site consists of roughly 858 rentable square feet of building space on an estimated 0.63-acre parcel of land. This Dutch Bros is subject to a 15-year Triple Net (NNN) lease, which commenced 4/17/2020. The current annual rent is $115,500 and has scheduled increases of 10.00% every 5 years.
FOR SALE DETAILS
PRICE
$2,357,000 USD
PRICE/SF
$2,747 USD /SF
CAP RATE
4.9%
% 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
2020
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.63 AC
LAND SF
27,273 SF
ZONING
C-1
APN/PARCEL ID
224-31-0430
ASK ABOUT THIS PROPERTY
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310-966-0122
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310-966-0122
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