4085 Cameron Park Dr - Fast Food FOR SALE


Cameron Park, CA 95682
$2,842,000 USD
949-724-5552
4085 Cameron Park Dr, Cameron Park, CA for Sale
$2,842,000 USD
Fast Food - FOR SALE
1/10
null | 4.75% Cap Rate

4085 Cameron Park Dr
Cameron Park, CA 95682


HIGHLIGHTS

  • Grand Opening in June – Rent Commencement June 1, 2024
  • Extreme High Barriers to Entry – Rare Drive Thru Opportunity
  • Upscale Trade Area with AHI over $177,000
  • Publicly Traded Company (NYSE: BROS) - Corporate Guarantee: Boersma Bros. LLC
  • New 15 Year Ground Lease – 10% Rent Increases Every 5 Years
  • Absolute NNN – Zero Landlord Responsibilities

OVERVIEW

The Snyder Carlton National Net Lease Team is pleased to present a rare opportunity to purchase a brand-new absolute NNN Dutch Bros Coffee ground lease with a 15-year primary term located in the upscale trade areas of Cameron Park, CA. This is a rare opportunity to own a drive thru in El Dorado County which limits new drive thru developments. The rapidly growing and publicly traded drive-thru coffee chain currently operates over 830 locations across 16 states with over 150 locations opening in 2024. With a corporate guarantee, 10% rent increases every 5 years and no landlord responsibilities, this asset is ideal for an investor seeking long term passive cash flows. The property is located within the El Dorado County in the high end Cameron Park community - Sacramento MSA (Population: 2.2 Million). The 950 SF building with double drive-thru’s is positioned along Cameron Park Drive just opposite the Safeway anchored Cameron Park Place Shopping Center and is a block away from El Dorado Freeway/US-50 (72,800+ VPD). Nearby retailers include the high-end grocery store Nugget Markets and Bel Air Market. The surrounding trade area has a population of approximately 161,000 people with average household income over $177,000.

FOR SALE DETAILS

PRICE

$2,842,000 USD

PRICE/SF

$2,992 USD /SF

CAP RATE

4.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dutch Bros Coffee - 15 Yr Absolute NNN Lease

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

11

LAND DETAILS

LAND ACRES

0.87 AC

LAND SF

37,780 SF

ZONING

-

APN/PARCEL ID

109-212-005-000

ASK ABOUT THIS PROPERTY

Jereme SnyderColliersMore Info
949-724-5552

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Jereme SnyderColliersMore Info
949-724-5552

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