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5/22/19
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An 824 sf Dutch Bros location in Prescott, AZ has sold for $2.09 mil ($2,536/sf). The property is located at 3169 Willow Creek Rd.
The single-tenant building is 100% leased to Dutch Bros, the largest privately owned drive-thru coffee company. Recently completed in 2018, Dutch Bros is located at a Fry’s Grocery-anchored intersection with other national tenants that include CVS, McDonald’s Dairy Queen, Jack in the Box, Taco Bell, Subway and Wells Fargo.
Chris Hollenbeck of Cushman & Wakefield represented the buyer, 3169 Willow Creek LLC of Mesa, and the seller, Willow Creek Prescott AZ LLC of Terre Haute, Indiana. According to Hollenbeck, this is the second Dutch Bros location up in Prescott.
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