Dutch Bros 5212 Slide Rd 2 170 pi² Commerce de détail Immeuble Lubbock, TX 79414 2 885 792 $ CAD (1 329,86 $ CAD/pi²) 5% Taux de capitalisation

Kidder Mathews is pleased to present the exclusive offering of a newly constructed, Single-Tenant NNN fee simple Ground Lease investment leased to Dutch Bros Coffee, located at 5212 Slide Road, in the City of Lubbock, Texas 79414.
This high-profile asset features a ±2,170 square feet freestanding, double drive-thru with 26 vehicles stacking on a ±28,369 square feet parcel along Slide Road, one of Lubbock’s busiest corridors with traffic counts around ±31,689 vehicles per day. The site is strategically positioned adjacent to Arby’s and Burger King and near South Plains Mall, the only enclosed regional mall within ±100 miles, anchored by Dillard’s Dept Store, JC Penny, Premiers IMAX Cinemas, and H&M. Surrounded national retailers include Home Depot, Hobby Lobby, Ross, Old Navy, PetSmart, Texas Roadhouse, Chick-fi-A, Raising Cane’s, McDonald’s and Olive Garden, creating strong retail synergy and consumer draw.
Dutch Bros opened at this location in June 2021 under a 15-year corporate-guaranteed NNN Ground Lease with three (3) five-year renewal options and 10% increases every 5 years. With ±10.8 years remaining on the initial term, the property offers investor a stable, long-term income stream backed by an investment grade tenant, with zero landlord responsibilities, an ideal fit for 1031 exchange or truly passive investors. Dutch Bros (NYSE: BROS) is the fastest-growing coffee chain in the U.S. and third largest by revenue, operating ±982 locations across ±19 states.
Located in the dominant retail corridor of Lubbock, the cultural and economic hub of West Texas, the property benefits from strong regional demand. Lubbock serves more than 50 surrounding communities, with South Plains Mall acting as the primary retail destination. The local economy is supported by diverse industries including agriculture,
oil services, healthcare, home building, medical, and Texas Tech University. Favorable demographics further strengthen the market, with a 5-miles population exceeding ±244,000 and an average household income over $94,000. The property offers convenient access to US-62, US-327, and Loop 289 ensuring excellent regional connectivity. Its infill location is surrounded by established residential neighborhoods, national retailers, and popular dining destinations, ensuring long-term tenant success