Share This Listing

Message

946 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

Dutch Bros 1311 N Santa Fe Ave 950 SF 100% Leased Retail Building Pueblo, CO 81003 $4,176,931 CAD ($4,396.77 CAD/SF) 5.25% Cap Rate

Save this listing!

Favourite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • New 15-year absolute NNN lease to Dutch Bros, the second-largest drive-thru coffee chain in the U.S.
  • Tenant covers all taxes, insurance, and maintenance, including roof, structure, and parking lot, providing a fully passive investment
  • Total revenue for Q1 2025 increased by 29% year-over-year, per Yahoo Finance, with expectations of annual revenue growth of approximately 20%.
  • 10% rental increases every five (5) years in initial term and option periods, ensuring consistent income growth
  • Dutch Bros opened its 1,000th shop in February 2025 and plans to open 1,000 more by 2029.

EXECUTIVE SUMMARY

Highly visible and easily accessible location near at signalized four-way intersection of North Santa Fe Avenue and East 13th
Street, allowing for prime site visibility (combined 24,000+ AADT).
Dutch Bros opened its 1,000th shop in February 2025 and plans to open 1,000 more by 2029.
Strong Demographic Base: The five-mile radius serves a populous region of 113,287, with an average annual household income of $77,246.
The site’s immediate access to Interstate 25 (80,000 AADT) allows the property to capture significant local and commuter traffic.
Benefits from Denver’s massive tourism draw, driving regional economic activity (37 million visitors in 2024, approx. $10.3B in
tourist spending).
Projected income increases within 1-, 3-, and 5-mile radii over the next five years poise this Dutch Bros and Pueblo for steady concurrent growth

PROPERTY FACTS

Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Building Size
950 SF
Building Class
B
Year Built
2025
Price
$4,176,931 CAD
Price Per SF
$4,396.77 CAD
Cap Rate
5.25%
NOI
$219,289 CAD
Percent Leased
100%
Building Height
1 Story
Building FAR
0.03
Lot Size
0.72 AC
Opportunity Zone
Yes
Parking
13 Spaces (13.68 Spaces per 1,000 SF Leased)

NEARBY MAJOR RETAILERS

Dutch Bros Inc.
U.S. Bank
Vectra Bank
Legacy Bank
Rent-A-Center
CrossFit

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 0-5-25-4-14-013
  • 0-5-25-4-14-012
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$49,423 CAD
  • Listing ID: 38252026

  • Date on Market: 2025-10-29

  • Last Updated:

  • Address: 1311 N Santa Fe Ave, Pueblo, CO 81003

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}