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8/12/25
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A newly constructed single-tenant property occupied by Dutch Bros Coffee Drive-Thru in Riverside traded hands. The sale price was $2.8 mil for the 15-year absolute triple-net lease ground lease.
The 1k sf Dutch Bros Coffee building is situated on a 0.39-acre pad at 4990 Van Buren Blvd, adjacent to a Walmart Supercenter and neighboring a McDonald’s drive-thru. The property features a brand-new 15-year absolute triple-net ground lease with 10% rental increases every five years. An opening date has not been announced for this location.
Dutch Bros Coffee is one of the fastest-growing brands in the U.S. quick-service beverage industry. As of June 30, 2025, the company operated 1,043 shops across 19 states, including 31 new openings in the second quarter across 13 states, 30 of which were company-operated.
Bill Asher and Jeff Lefko with Hanley Investment Group Real Estate Advisors represented the seller and developer, Zach Bonsall and Braden Bernards of Cole Valley Partners of Portland. The 1031 exchange buyer, a private investor based in Long Beach, was represented by Mark Troughton of Mark Troughton Real Estate in Whittier. According to Asher, they secured the buyer prior to construction completion and tenant opening, and closed escrow months before rent commencement.
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