Dutch Bros. Coffee NNN Property For Sale — Houston, TX
3665 Cypress Creek Parkway, Houston, TX 77068
This Dutch Bros Coffee property presents an exceptional investment opportunity. Recently constructed in 2023, the site benefits from a brand new, long-term 15-year absolute NNN lease featuring 10% rental increases every 5 years. This attractive rent structure effectively hedges against inflation, while the absolute NNN lease provides a management-free investment with zero landlord responsibilities, ideal for passive investors.
- Address: 3665 Cypress Creek Parkway, Houston, TX 77068
- Asking price $1.87M
- 5.40% cap rate
- NOI $100,980
- 15 years remaining
- NNN lease
- Year built: 2023
- Building size: 950 SF
- Lot size: 0.89 acres
- Rent increases: 10% every 5 years
- Guarantor: Corporate
Location
This Dutch Bros. Coffee property is at 3665 Cypress Creek Parkway in Houston, Texas.
Asset type: Restaurant