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Tenant Profiles

Dutch Bros. Coffee

B+E > B+E INSIGHTS > Tenant Profiles > Dutch Bros. Coffee
02/29/2024 By B+E

Dutch Bros. Coffee

dutchbros.com

41
Number on Market

$2.2M
Average Price

14.6
Average Remaining Term (Years)

5.06%
Average Cap Rate

Dutch Bros. Coffee Tenant Overview

Dutch Bros. Coffee is a publicly held drive-through coffee chain operating in the United States. Founded by Dane and Travis Boersma, the company’s headquarters is located in Grants Pass, Oregon. It serves a wide customer base with both company-owned and franchise locations primarily situated in the western region of the United States. The company’s humble beginnings trace back to the Boersma brothers, who were working on their family’s dairy farm when they decided to start selling coffee. Initially, they sold coffee from push carts around town. Over time, their business expanded, and by 2018, Dutch Bros. had over 300 coffee stands across seven Western states, with most being drive-thrus and a few walk-ins. Although Dutch Bros. Coffee’s core offerings are focused on espresso-based beverages, the company now features an extensive menu of unique and customizable cold and hot beverages to cater to a diverse range of customers. 

Beyond its product range, Dutch Bros. holds a strong belief in making a significant difference in the lives of its employees, customers, and communities. The company is committed to sustainable growth and endeavors to enhance the quality of life for its patrons.

dutch bros coffee

Tenant Data:

Company Dutch Bros. Coffee
Ownership Public
Headquarters Grants Pass, OR
Ticker NYSE: BROS
Credit Rating Not Rated
Annual Revenue $739.0M (FY 2022)
Locations (North America) ± 1,137
Website www.dutchbros.com
Average Dutch Bros. Coffee Info
Number on Market 41
Average Price $2,187,196
Average Remaining Term 14.6 Years
Average Cap Rate 5.06%
Average NOI $110,371
Average PPSF $2.093
Average Building SF 974 SF
Average Lot Size 0.83 AC
AS OF 02/01/2024

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