498 Sparn St - Fast Food FOR SALE


Grand Junction, CO 81501
$2,686,000 USD
512-819-4729
498 Sparn St, Grand Junction, CO for Sale
$2,686,000 USD
Fast Food - FOR SALE
1/3
null | 5.1% Cap Rate

498 Sparn St
Grand Junction, CO 81501


HIGHLIGHTS

  • New Build-to-Suit Development
  • New 15-Year Absolute NNN Lease
  • Corporate Guaranty!
  • 10% Rental Increases Every 5-Years
  • 32,000+ Avg. Vehicle Per Day Traffic Counts
  • 72,000+ Population Within 3-Miles

OVERVIEW

Embree Capital Markets Group is pleased to present a newly constructed, single-tenant Dutch Bros Coffee drive-thru at 498 Sparn St., Grand Junction, CO. This build-to-suit property offers a corporate-guaranteed, 15-year absolute NNN lease, providing a secure, management-free investment. Grand Junction is a growing hub in Western Colorado, strategically located along I-70. Known for its vibrant community, affordable cost of living, and stunning outdoor attractions, it attracts a steady population inflow, with over 72,000 residents within city limits. The area’s thriving tourism, agriculture, and energy sectors create a strong, diverse economy, positioning this property well for long-term success. Dutch Bros Coffee, the third-largest coffee chain in the U.S., operates over 950 locations nationwide. Recognized for its strong brand loyalty and rapid growth, Dutch Bros continues expanding, with robust financials and an ambitious growth strategy.

FOR SALE DETAILS

PRICE

$2,686,000 USD

PRICE/SF

$2,827 USD /SF

CAP RATE

5.1%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dutch Bros

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.75 AC

LAND SF

32,582 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Klinton LewisEmbree Capital Markets GroupMore Info
512-819-4729

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Klinton LewisEmbree Capital Markets GroupMore Info
512-819-4729

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