Purchase Price | $2,880,000 |
---|---|
Annual Rental Income | $149,760 |
Cap Rate | 5.20% |
Lease Term | 13 Years |
City | Ogden‑Clearfield MSA |
"*" indicates required fields
Dutch Bros Coffee – Single-Tenant Net Lease Investment
Ogden–Clearfield MSA, UT | Drive-Thru Coffee Asset | Absolute NNN Ground Lease | Passive Income Opportunity
Overview
This offering showcases a standalone Dutch Bros Coffee drive-thru in the Ogden–Clearfield metropolitan area of northern Utah. The property is secured by a long-term absolute triple-net (NNN) ground lease, placing all expenses—such as property taxes, maintenance, utilities, and landscaping—on the tenant. The lease includes scheduled rent escalations every five years, delivering passive income with built-in inflation protection. Located at a key commercial intersection in a growing regional market, this investment aligns with demand for net lease investment properties, fast-casual NNN lease assets, and 1031 exchange prospects.
Investment Highlights
Tenant Overview
Dutch Bros Coffee is a leading drive-thru coffee brand, known for efficient service, brand loyalty, and community ties. This property is managed by an experienced franchisee overseeing multiple units in the area. The lease is franchisee-backed, and strong franchisee performance along with ongoing investment in the site and brand support long-term tenancy stability.
Lease Summary
This setup ensures predictable passive income and eliminates landlord exposure to property-related liabilities.
Site Overview
Designed to Dutch Bros’ prototype specifications, the building supports efficient drive-thru operations and features prominent branding and customer parking. The parcel is positioned on a signalized corner in a well-established retail corridor, offering strong visibility and high-frequency traffic from nearby neighborhoods, office centers, and retailers.
Market Overview – Ogden–Clearfield MSA
The Ogden–Clearfield market is a growing northern Utah submarket, benefiting from nearby residential expansion and economic diversification. Supporting industries include aerospace, manufacturing, education, healthcare, and logistics. Retail and mixed-use developments remain active along key corridors, and drive-thru concepts continue to perform well due to consumer preferences for speed and convenience.
Demographics and Trade Area
The surrounding trade area includes a mix of family households, commuters, and students. There is a steady stream of population growth supporting retail expansion. The daytime population base is driven by employment centers, educational campuses, and local services—enhancing drive-thru opportunities across morning, midday, and afternoon periods.
Consumer Demand Drivers
Income Profile and Future Upside
Scheduled rent escalations ensure revenue growth without incremental capital requirements. Under the absolute NNN ground lease, tenant-managed costs secure income clarity and underwriting predictability. The operator’s ongoing site investment and favorable regional fundamentals contribute to both current yield and long-term value appreciation.
Ideal Buyer Profile
This asset is well suited for:
Market Positioning & Trends
Drive-thru coffee remains one of the most in-demand net lease asset types. Dutch Bros, recognized for its regional appeal and rapid expansion, fits strongly within growth markets. With limited available drive-thru pads in developed corridors, properties like this carry scarcity value and investor appeal. This listing fits keyword searches such as net lease investment properties, single-tenant net lease, fast-casual NNN lease investments, NNN properties for sale, and 1031 exchange NNN opportunities.
Conclusion
This Dutch Bros Coffee in the Ogden–Clearfield MSA provides a well-positioned, passive-income net lease investment. Backed by a long-term absolute NNN ground lease, franchisee-backed tenancy, scheduled rent growth, and a high-visibility trade area, the asset aligns with investor objectives. With no landlord obligations and inflation-hedged returns, it offers a compelling addition to portfolios focused on reliable, drive-thru retail real estate.
Please contact us for more information.