1805 Beltline SW Rd Decatur, AL 35601-5506
- Drive through restaurants
- 2,332 SF
- 0.56 lot acres
Current Use by Public Records
- Dutch Bros Coffee / Tea House / Coffee Shop
Property Details for 1805 Beltline SW Rd
- Year built
- 1979
- Construction
- WOOD
- Lot size
- 0.56 lot acres
- Property size
- 2,332 SF
- Property type
- Drive through restaurants
- APN
- 02-07-36-2-002-008.008
- APU
- 207362002008008
Description
This exceptional investment opportunity presents a fee-simple ownership of a brand-new (2023) Dutch Bros Coffee location in Decatur, Alabama, situated within the rapidly growing Huntsville MSA. The 950 square foot building boasts a highly efficient double drive-thru design, perfectly suited to the brand's high-volume operations. Located on Beltline Road, a major retail corridor with over 38,824 vehicles passing daily, this property benefits from exceptional visibility and accessibility, outparceled to the Decatur Mall (575,947 sq ft). The property is offered at $2,257,000, representing a compelling 5.45% cap rate with a current NOI of $123,000. The absolute NNN lease features a corporate guarantee from Dutch Bros Coffee (NYSE: BROS), a publicly traded company with significant growth plans. The lease has 13.9 years remaining, with three 5-year renewal options, and includes 10% rent increases every five years, providing a strong hedge against inflation. This is a truly passive income opportunity with minimal landlord responsibilities, backed by a thriving brand in a prime location within a booming market. The property's proximity to Huntsville, Alabama's fastest-growing city, further enhances its long-term investment potential. This is a rare chance to acquire a high-performing, low-maintenance asset with significant upside.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $2,225,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $2,075,000
- 6.5%
- $2,145,000
- 7%
- $2,180,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,910,000
- Geo Method
- $1,895,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $2,195,000
- Retail
- $2,340,000
- Mixed-Use
- $1,935,000
- Hospitality
- $2,145,000
- Educational
- $2,095,000
- Residential Income
- $2,205,000
- Energy
- $1,990,000
- Income-Based Land
- $2,390,000
- Food Service
- $2,165,000
Location Insight
- Map
- Local Demand
- City
- Decatur
- County
- Morgan
- State
- Alabama
- Longitude
- -87.0164
- Latitude
- 34.5737
- CBSA code
- 19460
- CBSA name
- DECATUR, AL METROPOLITAN STATISTICAL AREA
