Unit Dutch Bros - Chisholm Trail
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Available on
December 15, 2023
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Time on Market
5 months
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Last updated
Dec 14, 2023
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Space ID
2152107
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Presented By
Edge Capital MarketsBRANDON BEESON
Property Details
- Long Term Lease: Dutch Bros has signed a 15-year ground lease with 10% rental escalations every 5 years of term, including 4, 5 year renewal options that also have 10% rental escalations.. - Regional Draw: The Property is part of the new Shops at Chisholm Trail Ranch - 250,000 sf dynamic retail, restaurant and entertainment destination with almost 2 million visitors in 2022.. - Expanding Residential Market: 8,000+ homes built between 2019-2021 with a median household income of $103,000+ within a 1-mile radius.. - Brand New, High Quality Construction: The Property features brand new construction (2023) and will operate as a drive-thru with a window for walk-up orders.. - Strong Credit Tenant: Dutch Bros was founded in 1992 and now has 671 locations across 14 states with more locations planned.. - Prime Location: The Property is positioned along Chisholm Trail Parkway (15 minutes to downtown Fort Worth) with 16,000+ CPD.. - Large Parcel Size: The Property occupies 0.9 acres, which is approximately 50% larger than other Dutch Bros on the market.
- Property TypeRetail
- Submarket
- Last updatedDec 15, 2023
- Property ID2230579