Dutch Bros Coffee Lubbock, TX

1711 Marsha Sharp Fwy W
Lubbock, TX

Price: $2,065,000
Cap Rate: 5.40%
NOI: $111,500
Building Size: Approx. 950 Sq. Ft.
Lot Size: Approx. 0.473 Acres
Type: Single-Tenant / Retail
Sub Category: QSR
Year Built: 2023

Investment Overview

  • 2023 Construction. 950+/- SF Building on 0.473+/- Acre Site
  • Brand New 15-Year Absolute NNN Lease w/ (4) 5-Year Options to Renew & 10% Rental Bumps Every 5 Years, In Primary Term & Options
  • Located Off of Marsha Sharp Fwy (35,167+ VPD), the Main Thoroughfare Around Texas Tech University Campus and the Lubbock Area
  • Strategically Positioned Less than Half a Mile from Texas Tech University Campus (40,000+ Students Enrolled)
  • Located in a Prime Area of Lubbock – 1.5 Miles from University Medical Center, a 500-Bed Teaching Hospital
  • Dutch Bros Total Revenue Grew 48.4% to $739.0 Million as Compared to $497.9 Million in 2021
  • Lubbock | 10th Most Populous City in Texas | Population: 263,930