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Dutch Bros Ground Lease Investment

1259 3rd Ave, Chula Vista, CA

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For Sale

Contact for pricing

New 15-year absolute NNN ground lease with rent increases.

Type:RETAIL

Property size:

950 SF

Lot size:

1.25 Acres

Price / SF:

$2,846/SF

HighLights

Corporate Guaranteed Ground Lease (NYSE: BROS) - guaranteed by Boersma Bros, LLC, a company with an $8 Billion+ market capitalization.
Brand New 15‑Year Absolute NNN Ground Lease with scheduled 10% rental increases every 5 years, providing income growth and inflation hedge.
Absolute NNN Lease with Zero Landlord Responsibilities; tenant handles all maintenance, property taxes, and insurance.
Strong Demographics: Over 198,000 residents and 90,000 employees in the 3‑mile trade area with affluent average household income exceeding $100,000.
Dutch Bros' strong performance: Same store sales increased and plans to open 160 new stores in 2025.
Lease includes three 5‑year options to extend the lease term.

We can help!

Listing Contact

Chuck Klein

Learn more

For Sale

Contact for pricing

New 15-year absolute NNN ground lease with rent increases.

Type:RETAIL

Property size:

950 SF

Lot size:

1.25 Acres

Price / SF:

$2,846/SF

Added:: Aug 21, 2025
Days on Market:: 294
Last Refresh:: May 20 at 8:11 pm

Property Features for 1259 3rd Ave

General Information

Standard status: Active
Size: 950 SF
Lot size: 1.25 Acres
Property subtype: RETAIL

We can help!

Listing Contact

Chuck Klein

Listing agent Chuck Klein

Listing office SRS Real Estate Partners | San Diego

Listing date Aug 21, 2025

Source Moodyscre

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of SRS Real Estate Partners | San Diego

HighLights

Corporate Guaranteed Ground Lease (NYSE: BROS) - guaranteed by Boersma Bros, LLC, a company with an $8 Billion+ market capitalization.
Brand New 15‑Year Absolute NNN Ground Lease with scheduled 10% rental increases every 5 years, providing income growth and inflation hedge.
Absolute NNN Lease with Zero Landlord Responsibilities; tenant handles all maintenance, property taxes, and insurance.
Strong Demographics: Over 198,000 residents and 90,000 employees in the 3‑mile trade area with affluent average household income exceeding $100,000.
Dutch Bros' strong performance: Same store sales increased and plans to open 160 new stores in 2025.
Lease includes three 5‑year options to extend the lease term.

Overview

This property features a brand new 15-year absolute net ground lease with options to extend for three additional 5-year terms. The lease is corporate guaranteed by BB Holdings CA, LLC, and Boersma Bros, LLC, a company traded on the NYSE (BROS) with a market capitalization exceeding $8 Billion. Dutch Bros has approximately 1,000 stores and plans to open 160 new stores in 2025. The lease features a 10% rental increase every 5 years throughout the initial term and option periods. As an absolute NNN leased fee ownership, the tenant is responsible for all maintenance, property taxes, and insurance, offering a management-free investment opportunity. The property is located within a strong demographic area with over 198,000 residents and 90,000 employees. The average household income in the 3-mile trade area is over $100,000 and is projected to increase to $119,000 by 2029. Same store sales increased by 5.3% for 2024 and 6.9% in Q4 2024. Guidance for 2025 is $1.55B in revenue, up from $1.28B in 2024. Unit level sales for San Diego County locations have been exceptional. The property is suitable for coffee shops, restaurants, retail, and specialty purposes.

Location Intelligence

Current Use by Public Records

Coffee shops

Suggested Use

Similar Places Nearby

Eat With Us — 1355 Broadway B, Chula Vista, CA 91911
Just Coffee — 3008 Main St, Chula Vista, CA 91911
Fruit Barr Caffe — 1660 broadway ste 14, chula vista, ca 91911
Cafe y Cultura — 3205 main st, chula vista, ca 91911
Jamba — 2945 Main St Suite 100, Chula Vista, CA 91911

Location Insight

Map
Local Demand

City: Chula Vista
County: San Diego
State: California
Longitude: -117.065
Latitude: 32.6082

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What type of property is this?

Coffee shop - New 15-year absolute NNN ground lease with rent increases.

Where is this coffee shop located?

The property is located at 1259 3rd Ave Chula Vista, CA.

What is the asking price?

The asking price for this property is $2,704,545.

What are key features of this property?

This property features: Corporate Guaranteed Ground Lease (NYSE: BROS) - guaranteed by Boersma Bros, LLC, a company with an $8 Billion+ market capitalization.; Brand New 15‑Year Absolute NNN Ground Lease with scheduled 10% rental increases every 5 years, providing income growth and inflation hedge.; Absolute NNN Lease with Zero Landlord Responsibilities; tenant handles all maintenance, property taxes, and insurance.

1259 3rd Ave, Chula Vista, CA

New 15-year absolute NNN ground lease with rent increases.

Property Features for 1259 3rd Ave

General Information

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Similar Places Nearby

Location Insight

Nearby Similar for Sale

Chula Vista Warehouse Opportunity

Turnkey Medical Office Condo

Chula Vista Multifamily Investment

Updated Triplex with On-Site Laundry

Chula Vista Duplex Opportunity

Chula Vista Multi-Unit Property

Chula Vista Commercial Redevelopment Opportunity

Chula Vista Income Property

Chula Vista Office Space Available

Chula Vista Multifamily Opportunity

Chula Vista Office Building

Turnkey Medical Office Condo

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