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Dual-Lane Drive-Thru Coffee Lease
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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 Size950 SF
Price / SF$1,614
Days on Market172

Property Features for 2930 Sperry Ave

General Information

Standard status Active
Size 950 SF
Property subtype Retail
Lease Type Absolute Net
Investment Type Net Lease
Net Operating Income $69,000

Building Details

Year Built 2023
Tenancy Single
Listing Agency: Cushman & Wakefield - Sacramento, California
Listed By: Ryan Forsyth · License #CA 01716551
Source: Crexi
Added: Mar 17 Changed: Aug 31 Last Checked: Sep 2 at 12:49AM

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 Cushman & Wakefield - Sacramento, California

Investment Insights

Based on property information with market context.

This property is offered as an absolute NNN ground lease with a 15-year term to Dutch Bros. The lease features 10% rental increases every five (5) years during both the initial term and option periods, supporting scheduled income growth. The location is configured with a dual-lane drive-thru designed for efficient customer service.

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

Property Analytics

Current Use

Coffee shops

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Big Box & Wholesale Store Auto Parts Store Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

109
Businesses Nearby
157k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 57% Shops & Services 35% Groceries 7% Hotels & Casinos 1%
Dutch Bros. Coffee Dining
24,230 visits/mo 0.3 miles
Starbucks Dining
23,369 visits/mo 0.3 miles
Chevron Shops & Services
19,860 visits/mo 0.3 miles
Chevron Shops & Services
17,201 visits/mo 0.3 miles
Jack in the Box Dining
16,823 visits/mo 0.3 miles

Demographics for 95363, CA

29,309
Population
8,641
Households
3.4
Avg Household Size
34
Median Age
15%
College-Educated
76%
High-School Grad
478.3 sq mi
ZIP Area
61
Density / Sq Mi
$99,321
Median Household Income
$44,603
Median Earnings
$1,464
Median Rent
$448,000
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - 15-year absolute NNN ground lease to Dutch Bros with a dual-lane drive-thru and 10% rental increases every five years.
Where is this nnn property located?
The property is located at 2930 Sperry Ave Patterson, CA.
What is the asking price?
The asking price for this property is $1,534,000.
What are key features of this property?
This property features: 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
More about this property
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