Dutch Bros. Coffee
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.
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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