120 Bridge StBrighton, CO 80601

For Sale
$3,127,000

High-yield, corporate-guaranteed NNN lease.

Overview

Added:
Dec 11, 2024
Days on market:
91
This exceptional investment opportunity presents a fee-simple ownership of a newly constructed (2024), 950-square-foot Dutch Bros Coffee drive-thru located at 120 W Bridge St, Brighton, CO 80601. The property sits on a 0.71-acre lot in a prime retail location within Adams County, experiencing high daily traffic counts. This single-tenant, absolute NNN lease boasts a 15-year term commencing December 31, 2024, and expiring December 31, 2039, with three, five-year renewal options. The lease includes a 10% rent increase every five years, ensuring consistent income growth. The property currently generates a Net Operating Income (NOI) of $159,500, resulting in a 5.10% cap rate. The tenant, Dutch Bros Coffee, is a credit-rated, nationally recognized coffee chain providing a strong corporate guarantee. Brighton, a thriving suburb northeast of Denver, offers a robust demographic profile, with over 34,000 residents within a three-mile radius and over 273,000 within ten miles, boasting average household incomes exceeding $96,000 and $117,000 respectively within those radii. This presents a secure, low-maintenance investment with significant long-term potential. The property's 100% occupancy and strong tenant covenant make it an attractive addition to any portfolio. The asking price is $3,127,000.

Highlights

  • New construction (2024) Dutch Bros Coffee drive-thru.
  • New 15-year absolute NNN lease, commencing December 31, 2024, with three 5-year renewal options.
  • Corporate guarantee from Dutch Bros Coffee.
  • 10% rent increases every five years.
  • High-traffic location with 22,000+ average daily vehicle count.
  • Strong retail location in Brighton, CO, a thriving suburb northeast of Denver.

Property Details for 120 Bridge St

Property type
Other retail properties, Restaurants
Square Feet
950 SF
Year Built
2024
Lot Size (sq. ft)
30,928 SF

Location Insight

City
Brighton
County
Adams
State
Colorado
Latitude
39.986443
Longitude
-104.826145
120 Bridge St, Brighton, Colorado

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120 Bridge St
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