Dutch Bros Coffee

Purchase Price$2,880,000
Annual Rental Income$149,760
Cap Rate5.20%
Lease Term13 Years
CityOgden‑Clearfield MSA
Tenant: Dutch Bros Coffee
Sector: Fast Food / QSR
State: Utah

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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

  • Absolute NNN ground lease with no landlord responsibilities
  • Fixed lease with scheduled increases every five years
  • Custom-built drive-thru footprint optimized for quick service
  • Operated by a local franchisee with a proven brand presence
  • Prominent corner site within a high-traffic retail node

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

  • Lease Type: Absolute NNN Ground Lease
  • Term: Long primary lease with renewal options
  • Escalations: Structured increases scheduled every five years
  • Renewal Options: Multiple extensions available
  • Landlord Responsibility: None

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

  • Convenience-oriented customers in a suburban-urban mix
  • Frequent uptake from commuter and retail traffic
  • Synergy with nearby service and retail amenities
  • Loyalty programs and brand visibility driving repeat business
  • Drive-thru convenience supporting consistent revenue throughout the day

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:

  • 1031 exchange investors seeking passive income options
  • Buyers building portfolios of drive-thru NNN assets
  • Family offices and private capital focused on low-management retail real estate
  • Institutions and funds targeting stable food-service assets in growth markets
  • Conservative investors prioritizing ease of ownership and dependable returns

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.

Property details provided on this site are for general informational and illustrative purposes only. Specific availability and property status may change without notice. Please contact us to confirm current opportunities.