325 Pine St - Fast Food FOR SALE


Galt, CA 95632
$2,500,000 USD
916-218-9978
325 Pine St, Galt, CA for Sale
$2,500,000 USD
Fast Food - FOR SALE
1/3
null | 4.33% Cap Rate

325 Pine St
Galt, CA 95632


HIGHLIGHTS

  • Longest Dutch Bros. Lease in the Western US (17+ years...Absolute NNN)
  • Only Dutch Bros. on the Market Nationwide w/ 2% annual increases. Great hedge against inflation.
  • Rent is 20% Below Market
  • New Construction Completed December 2020 w/ Transferable Warranties

OVERVIEW

***Contact Nick Davidson: (916) 218-9978 or ndavidson@cirepartners.com. CIRE Partners is pleased to present this free-standing, drive-thru Dutch Bros Coffee completed in December 2020. Zero landlord management, 17+ year absolute net lease with rare 2% annual increases to keep pace with inflation. Below market rent at the subject property is 20% lower than other Dutch Bros. offerings in the Sacramento MSA. One of two Dutch Bros. west of the Mississippi with more than 15 years remaining on the initial term, the other is a sale-lease back. Only available Dutch Bros. with annual rental increases and the scheduled rental increases are higher than any other Dutch Bros. offering in the country. The freeway visible property, with rare pole sign, is ideally positioned to capture local and freeway traffic. High visibility building is adjacent to McDonald’s, Chevron, and other national QSRs. Galt, CA is a fast-growing suburb of Sacramento with a population of 26,000. Average household income is approximately $96,000. Listing agent has ownership interest in subject property.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$2,904 USD /SF

CAP RATE

4.33%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dutch Bros. Coffee

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2020

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.52 AC

LAND SF

22,531 SF

ZONING

-

APN/PARCEL ID

150-0303-059

ASK ABOUT THIS PROPERTY

Nick DavidsonCIRE PartnersMore Info
916-218-9978

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Nick DavidsonCIRE PartnersMore Info
916-218-9978

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