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New Dutch Bros | Sprouts Outparcel | 15-Yr 2250 Bay dr 950 SF 4-Star Retail Building Largo, FL 33771 $4,203,738 CAD ($4,424.99 CAD/SF) 5% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Brand New 15 Year Lease | Scheduled Rental Increases | Options to Extend
  • Sprouts Anchored Center | Near East Bay Plaza
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • Strong Demographics In 5-Mile Trade Area

EXECUTIVE SUMMARY

• Boersma Bros. LLC Corporate guaranteed lease
• New, 15-year lease with 3 (5-year) options to extend, demonstrating their commitment to the site
• The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation.
• Dutch Bros is the 3rd largest coffee chain in the U.S. with over 1,040 locations across 18 states with a long-term goal of reaching 4,000+ locations
• Dutch Bros holds an industry-leading AUV of over $2MM

PROPERTY FACTS

Sale Type
Investment NNN
Sale Condition
Build to Suit
Property Type
Retail
Property Subtype
Fast Food
Building Size
950 SF
Building Class
B
LoopNet Rating
4 Star
Year Built
2025
Price
$4,203,738 CAD
Price Per SF
$4,424.99 CAD
Cap Rate
5%
NOI
$210,152 CAD
Tenancy
Single
Building Height
1 Story
Lot Size
9.36 AC
Zoning
CG - Commercial General
Parking
11 Spaces (11.58 Spaces per 1,000 SF Leased)

AMENITIES

  • Pylon Sign
  • Restaurant
  • Drive Thru

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Dutch Bros
  • Accommodation and Food Services
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Dutch Bros Accommodation and Food Services 99,999 SF $9.99 Lorem Ipsum Jan 0000
Walk Score®
Very Walkable (74)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Starbucks
Dutch Bros. Coffee
Bank of America
F45 Training
Sprouts Farmers Market
Outback Steakhouse
Truist

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
35-29-15-45533-001-0010
Land Assessment
$4,442,281 CAD
Improvements Assessment
$3,081,872 CAD
Total Assessment
$7,524,153 CAD
  • Listing ID: 36544096

  • Date on Market: 2025-06-30

  • Last Updated:

  • Address: 2250 Bay dr, Largo, FL 33771

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