1971 Valencia Rd, Tucson, AZ 85746-6633
This exceptional investment opportunity presents a fee-simple owned Dutch Bros Coffee shop in Tucson, Arizona. Boasting a 5.50% cap rate, this 824 square foot Class A retail property is situated at 1971 W Valencia Rd, 85746, in a high-traffic area with strong demographics. The property benefits from an absolute NNN lease with a corporate guarantee from Dutch Bros Coffee (NYSE: BROS), providing minimal management responsibilities. The 15-year lease has approximately 9.5 years remaining, ensuring long-term, stable income. Built in 2019, this built-to-suit location is a top performer, ranking in the 92nd percentile for annual visitors (734,000) according to Placer AI. The surrounding area features a dense residential corridor (23,569 housing units within 3 miles), a substantial daytime workforce (44,421 employees within 3 miles), and high daily traffic volume (48,038 cars per day on Valencia Rd). The location is also strategically positioned near major retailers, including IHOP, Culvers, CVS, and Walmart, contributing to a robust consumer retail spend of approximately $706.5 million within a 3-mile radius. Furthermore, the proximity to three elementary/middle schools (1,175 students) and Tucson International Airport (5 miles) adds to the property's appeal. The airport experienced a 10% increase in passenger count in 2023, reaching 3.75 million. This rare fee-simple ownership structure allows for advantageous building depreciation, making this a compelling investment opportunity with significant upside potential. The Net Operating Income (NOI) is $117,150. The property's 100% occupancy commenced July 1, 2019.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.