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Dutch Bros Coffee 1805 Sidney Baker St

950 SF 4-Star Retail Building Kerrville, TX 78028 $4,154,699 CAD ($4,373 CAD/SF) 5.25% Cap Rate

Investment Highlights

  • New Dutch Bros building with double lane drive thru
  • The Property fronts arterial Sidney Baker Road / Texas State Hwy 16 (20,052 CPD) and is less than 1-mile from I-10 Fwy (21,515 CPD)
  • Kerrville major employers include Killdeer Mountain Manufacturing and Peterson Regional Medical Center
  • Minimal Landlord Responsibilities
  • 21,468 population and 13,767 employees in 3-mile radius
  • Located on a Home Depot frontage pad. Walmart Superstore, HEB, Ashley Furniture, Lowes, Tractor Supply and other national retailers located nearby

Executive Summary

Velocity Retail Group is pleased to offer this Dutch Bros Coffee net leased investment Property located at 1805 Sidney Baker Hwy, Kerrville, TX 78028 (the “Property”). The +/- 950 SF single tenant drive-thru building is on +/- 57,039 SF street frontage parcel. Dutch Bros corporate lease includes minimal landlord property maintenance responsibilities and has a 15-year primary lease term.
The Property is located in front of a Home Depot on Sidney Baker Rd / Texas State Hwy 16 (20,052 CPD) and is less than 1-mile from I-10 Fwy (21,515 CPD). Walmart Superstore, HEB, Ashley Furniture, Lowes, Tractor Supply and other national retailers located nearby draw a steady stream of consumers to the immediate trade area.
Within the 3-mile radius of the Property, the population is 21,468 with an AHHI of $90,681 and a median age of 43.9. There are 1,721 businesses and 13,767 employees within 3 miles of the Property. Tivy Highschool (1,449 students) is within 2.5 miles from the Property.
The City of Kerrville, Texas (24,752 population) is part of Kerr County (53,741 population) and is situated along the scenic Guadalupe River. Local residents and visitors enjoy hiking the Kerrville River Trail, the many water activities on the Guadalupe River, and the picturesque Hill Country landscape vistas. Kerrville is located within 50 miles of San Antonio, TX (1.5 Million population).

Data Room Click Here to Access

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
950 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2024
Price
$4,154,699 CAD
Price Per SF
$4,373 CAD
Cap Rate
5.25%
NOI
$218,113 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Land Acres
1.31 AC
Parking
17 Spaces (17.89 Spaces per 1,000 SF Leased)

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R68395
Land Assessment
$556,808 CAD
Improvements Assessment
$0 CAD
Total Assessment
$556,808 CAD
  • Listing ID: 32200583

  • Date on Market: 2024-06-20

  • Last Updated:

  • Address: 1805 Sidney Baker St, Kerrville, TX 78028

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