4801 E US Highway 83 - Freestanding FOR SALE


Rio Grande City, TX 78582
$1,630,000 USD
415-413-3005
4801 E US Highway 83, Rio Grande City, TX for Sale
$1,630,000 USD
Freestanding - FOR SALE
1/4
null | 5.75% Cap Rate

4801 E US Highway 83
Rio Grande City, TX 78582


HIGHLIGHTS

  • New 15-year corporate absolute NNN lease with 10% rental increases every five years
  • Three (3) five (5) year option periods and one four (4) year and eleven (11) month option period, providing a passive long-term income generator
  • Dutch Bros (NYSE: “BROS”) went public in 2021 – valued at $4.88B as of February 2024
  • Dutch Bros Inc. is one of the fastest-growing brands in the food service and restaurant industry in the U.S. by location count with 879 locations acro
  • In 2023, Dutch Bros opened 159 new shops across 13 states and reported a 30.7% growth of total revenues to $965.8M (compared to $739M in 2022)
  • Dutch Bros is located on U.S. Highway 83, a major retail thoroughfare in Rio Grande City, with access to nearly 55,000 AADT directly in front of the s

OVERVIEW

Excellent Location: This Dutch Bros is located on U.S. Highway 83, a major retail thoroughfare in Rio Grande City, with access to more than 54,000 AADT directly in front of the site Surrounded By Major Traffic Drivers: The site is surrounded by major national retailers such as Walmart, AMC, Starbucks, Chick-fil-A, Whataburger, Jack in the Box, KFC, Chili’s, Denny’s, McDonald’s and many others Beneficial Proximity to Retail Centers: Ideal location with proximity to multiple shopping centers anchored by major retail tenants such as Walmart, Tractor Supply Co, Marshall’s, H-E-B Plus!, and several others Stable Customer Base: 25,951 residents live within 5-miles of the site, creating a stable customer base for the site Growing Demographics: Projected population and income increases within 1-, 3-, and 5-mile radii over the next five years poise Dutch Bros and Rio Grande City for steady concurrent growth Beneficial Proximity to Residential Developments: Close proximity to dense residential developments in both Rio Grand City and Las Lomas, positioning Dutch Bros to capture customers from both markets Central Location Near U.S.-Mexico Border: Less than two miles from the Mexican border (with direct access to the U.S. via the Rio Grande City–Camargo International Bridge) and less than six miles from the Camargo municipality in the Mexican state of Tamaulipas

FOR SALE DETAILS

PRICE

$1,630,000 USD

PRICE/SF

$1,716 USD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dutch Bros

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Fast Food, Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.8 AC

LAND SF

34,848 SF

ZONING

-

APN/PARCEL ID

13650-00000-00200-000000

ASK ABOUT THIS PROPERTY

Ryan ForsythCushman & WakefieldMore Info
415-413-3005

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Ryan ForsythCushman & WakefieldMore Info
415-413-3005

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