8010 Cherry Ave - Fast Food FOR SALE


Fontana, CA 92336- West End
$2,725,000 USD
949-412-1616
8010 Cherry Ave, Fontana, CA for Sale
$2,725,000 USD
Fast Food - FOR SALE
1/6
null | 4% Cap Rate

8010 Cherry Ave
Fontana, CA 92336
West End


HIGHLIGHTS

  • Dutch Bros(NYSE: BROS) is a $12.21B market cap, high-growth, publicly traded coffee chain with a corporate lease guaranty and 912 locations nationwide
  • New 15-year absolute NNN ground lease offers long-term stability, land ownership, and full tenant expense responsibility with 14 years remaining.
  • Below market rent of $109,000 offers long-term upside with potential to significantly increase NOI and ROI upon lease expiration.
  • New 2024 construction with a prototypical double drive-thru design boosts sales potential and offers strong intrinsic real estate value.
  • Growing income stream with 10% rent increases every 5 years enhances ROI and provides inflation protection.
  • Prime retail corridor with over 60,000 VPD and strong nearby anchors including schools, residences, and major employers.

OVERVIEW

Faris Lee Investments is pleased to offer a STNL freestanding, corporate-guaranteed Dutch Bros Coffee on an absolute triple net ground lease (land ownership) in Fontana, CA. The newly constructed property, which opened in September 2024, is secured by a long-term 15-year lease with three (5-year) renewal options, offering potential total lease terms of up to 30 years. The lease stipulates 10% rental increases every five years, ensuring a growing income stream and a robust hedge against inflation. This completely passive investment also boasts a double drive-thru, further providing intrinsic real estate value and customer convenience. Dutch Bros Coffee, established in 1992, has grown into the third largest coffee chain in the U.S., with over 900 locations in 18 states. Dutch Bros has been publicly traded on the NYSE (BROS) since 2021 and has demonstrated remarkable growth since, achieving a market capitalization of $12.21 billion as of February 2025. With an impressive average annual revenue growth rate of 37% since going public, Dutch Bros achieved over $1.28 billion in revenue for 2024. The subject property is strategically located fronting a Winco Foods in a bustling retail corridor in Fontana, CA. Situated at the high-traffic intersection of Foothill Blvd. and Cherry Ave., the location experiences over 60,000 vehicles per day at the intersection, making it a prime site for retail activity. The surrounding area boasts strong demographics, including over 144,000 residents and more than 32,000 daytime employees within a 3-mile radius, with an average household income exceeding $119,000. Co-tenants within the subject property’s shopping center: Winco Supermarket, Chipotle, Jersey Mike’s, McDonald’s, and Chevron.

FOR SALE DETAILS

PRICE

$2,725,000 USD

PRICE/SF

$2,868 USD /SF

CAP RATE

4%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dutch Bros Coffee-15 Yr Abs NNN-Low Rent

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant, Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

18

LAND DETAILS

LAND ACRES

0.53 AC

LAND SF

23,087 SF

ZONING

Commercial

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Jeff ConoverFaris Lee InvestmentsMore Info
949-412-1616

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Jeff ConoverFaris Lee InvestmentsMore Info
949-412-1616

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