8749 Bent Tree Dr Amarillo, TX 79119

Property Details for 8749 Bent Tree Dr

Year built

2023

Lot size

0.65 lot acres

Property size

985 SF

Property type

Drive through restaurants

APN

303701

APU

303701

Description

This exceptional investment opportunity presents a fee-simple ownership of a brand-new Dutch Bros Coffee drive-thru location in Amarillo, Texas. Built in 2023, this 950 square foot property sits on a 0.65-acre lot and boasts a double drive-thru configuration, maximizing operational efficiency and customer convenience. The property features 13 parking spaces and is situated in a high-traffic area with excellent visibility. The current tenant, Dutch Bros. Coffee, is secured by a 15-year absolute NNN lease (with three 5-year renewal options), commencing March 31, 2023, and expiring March 31, 2038. The lease includes a corporate guarantee and provides for a 10% rent increase every five years, offering significant protection against inflation and a substantial return on investment. The property generates a Net Operating Income (NOI) of $105,100, resulting in a 5.30% cap rate. The property is zoned for general retail use and is located in Randall County, Texas, with the address being 8749 Bent Tree Dr, Amarillo, TX 79119. The location benefits from proximity to major retailers, car dealerships, and the Medical Center Park and Texas Tech Health Campus, ensuring consistent high foot traffic. This is a passive investment opportunity with strong long-term growth potential in a thriving market. The property's location within Amarillo, a key economic hub in the Texas Panhandle, offers further stability and growth potential.