2930 Sperry Ave, Patterson, CA 95363
15-year absolute NNN ground lease to Dutch Bros with a dual-lane drive-thru and 10% rental increases every five years.
Property Features for 2930 Sperry Ave
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Based on property information with market context.
Per the lease structure described in the offering, the tenant is responsible for all taxes, insurance, and maintenance, including roof, structure, and the parking lot. Dutch Bros opened its 1,000th shop in February 2025 and plans to open additional locations through 2029, and Q1 2025 revenue is reported as up 29% year-over-year by Yahoo Finance.
The result is a drive-thru coffee asset structured for relatively hands-off ownership, with operating responsibilities shifted to the tenant under the absolute NNN provisions.
Key Highlights
- New 15‑year absolute NNN ground lease to Dutch Bros
- 10% rental increases every five (5) years during the initial term and option periods
- Tenant pays taxes, insurance, and maintenance including roof, structure, and parking lot
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Trade Area within ½ mile
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Demographics for 95363, CA
Market
Vacancy Rate% for Retail in West region