Dutch Bros

The Rocklin / Roseville submarket serves as Placer County's hotspot while also serving as the entryway to North Lake Tahoe. The wealthiest Sacramento suburbs, which are 20 miles from Downtown Sacramento, are comprised of both expansive rural country and lucrative office, retail, and industrial centers. Rocklin has a population of 65,000 people, and the neighboring south Placer community (Rocklin, Roseville, Granite Bay, Loomis, Penryn, and Auburn) has a population of around 250,000 people. Rocklin is about an hour's drive from north Lake Tahoe, 30 minutes from Sacramento, and 2 hours from San Francisco, granting residents accessibility to some of northern California's best attractions. Placer County's new home construction has skyrocketed in the last decade, providing an alternative to the more urban Sacramento city and suburbs. Recreational amenities such as Folsom Lake and the American River Confluence, as well as hiking and biking trails, make south Placer County a popular destination for outdoor enthusiasts. Both Kaiser Permanente and Sutter Health have regional hospitals in Roseville, resulting in two of the region's largest employment centers. The development of the Rocklin Crossings center containing big box anchors like Walmart, Bass Pro Shop, and Target made Rocklin a destination for residents throughout Placer County. The Roseville Galleria Shopping Mall and its surrounding retail centers, including the Fountains Lifestyle Center, are regarded as the premier shopping destinations between Sacramento and Reno, Nevada.Arbor Realty Capital Advisors, Inc ("Brokers") as exclusive advisors, are pleased present for sale the opportunity to acquire the fee simple interest in an absolute net leased Dutch Bros, located at 3450 Sunset Blvd, Rocklin, CA. ("Subject Property"). The Property is comprised of a 395 square foot double drive-thru building, and sits on 18,731 square feet of land located in the affluent Sacramento Suburb of Rocklin. Property has a new 20-year lease in place with 19 years remaining, the average cap rate over the remaining term is 5.69%. AS WRITTEN THE REMAINING 19 YEAR LEASE PROVIDES AN INVESTOR, DEPENDING ON CLOSE DATE, A FULL PAY BACK ON INITIAL INVESTMENT DURING THE REMAINING 19 YEAR BASE TERM OF THE LEASE. With sales in 2022 of approximately $3.2M the Subject property is an extraordinary opportunity to acquire a high grossing, well located Dutch Bros in an ultra high barrier to entry market.Lease Description