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Property profile & analytics
OFF-MARKET Estimated value $2,225,000
Drive through restaurants

1805 Beltline SW Rd Decatur, AL 35601-5506

2,332 SF 0.56 ac lot Built 1979
Entity Owned 1-yr Hold Absentee Owner Free & Clear
Property ID
US03-1509815
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1979
Construction WOOD
Total area 2,332 SF
Lot 0.56 ac (24,208 SF)
APN 02-07-36-2-002-008.008
UPID US03-1509815
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Dutch Bros Coffee Cafe & Coffee Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$2.23M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.23M
Owner & transaction history
Larson Family III LLC · 1 yrs held
Larson Family III LLC
since 2024
Last sale
$2.2M
4 recorded transactions
2024
$2.2M
2018
Price N/A
2017
$510,000
2016
$100
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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