6218 Saratoga BlvdCorpus Christi, TX 78414
Dutch Bros Ground Lease
Asset ClassRetail
Overview
- Brand-New 15 Year Absolute NNN Ground Lease – Stable Cash Flow Asset – Zero Landlord Responsibilities – Three (5-Year) Options to Renew
- 10% Rental Increases Every 5 Years Throughout the Initial Term and Option Periods, Providing a Strong Hedge Against Inflation
- Dutch Bros is the Second-Largest Drive-Thru Coffee Chain in the US with More Than 1,200 Locations and Growing at Roughly 200 Stores Per Year
- Fastest Growing Coffee Chain in the US with a $9.57 Billion Market Cap and $1.64 Billion in Revenue in 2025, a 27.9% Increase from 2024 – Projecting $2.1 Billion in Revenue for 2026
- Same Store Sales Growth is up 8.3% with a Strong Average Unit Volume Exceeding $2.2 Million
- Brand New Construction, Pride of Ownership Asset Featuring Dutch Bro’s Latest Prototype – a Modern and Aesthetically Pleasing Property
- Located in the Primary Retail Corridor Servicing South Side, the Most Affluent Area in Corpus
- Situated on a Highly Functional 0.74-Acre Parcel Containing 13 Parking Spaces & a Massive Double Drive-Thru with a 24 Car-Stack, Providing Dutch Bros with the Ability to Effectively and Conveniently Handle High Customer Volume
- High Traffic Location with Excellent Access and Visibility to Over 70,000 Vehicles Per Day at the Signalized Intersection of Saratoga Boulevard and Cimarron Boulevard
- Densely Populated Location with Excellent Demographics – More Than 178,000 People Living Within a 5-Mile Radius of the Property with Average Household Income Exceeding $105,000 Annually
- High Barrier to Entry Trade Area – Part of a 9-Acre Redevelopment of a Former Hospital Campus with Co-Tenants Including 7-Eleven/Stripes, Chipotle, Bojangles and Extra Space Storage – Extremely High Dirt Price Here – Contact Listing Broker for More Details
- Located Directly Across from a High-Volume Walmart Supercenter Doing $156 Million in Sales (Top 14% in US Per Placer.ai) That Has Seen More Than 2.96 Million Visits During the Last Calendar Year, Bringing Daily-Needs Consumers to the Trade Area
- The HEB Grocery 1 Mile Down the Street is the Top Location in the Corpus MSA and the #5 Location Systemwide with Over $200 Million in Annual Sales – HEB is a Dominant Regional Grocer with 435 Locations and was Ranked America’s Favorite Grocer for the 5th Time in 2025, Beating Notable Brands Such as Trader Joe’s, Wegmans and Sprouts
- Approximately 1-Mile from the 158-Bed Christus Spohn Hospital with Over $1.22 Billion in Total Patient Revenue in 2025 and a Staff Count Exceeding 400 Healthcare Professionals
- Tremendous Multi-Family Density with Over 8,000 Apartment Units Located within a 5-Mile Radius of the Property
- Texas is an Income Tax Free State with a Strong Economy, Providing an Ideal Location for a 1031 Exchange Asset
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6218 Saratoga BlvdCorpus Christi, TX 78414
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Listing provided by LightBox Revere