Dutch Bros at 1971 West Valencia Road, Tucson, AZ
TUCSON, AZ (April 3, 2025) – The Dutch Bros at 1971 West Valencia Road in Tucson sold for $1.9 million ($2,306 PSF) in an investment sale.
The 824-square-foot Dutch Bros was built to suit for Dutch Bros and opened in 2019 with a drive-thru and outdoor eating area. It sold with nine years remaining of a 15-year triple net lease and three 5-year options remaining.
Located adjacent to major retailers, such as IHOP, Culvers, CVS, Pizza Hut, Big O Tires, Lowe’s, Walmart, Fry’s Food and Drug, Harbor Freight, and Tractor Supply Co.
This Dutch Bros ranks in the 92nd percentile per Placer AI reporting, with 734,000 annual visitors. The area has strong demographics of +/- 134,631 residents within a 5-mile radius.
The workday population is +/—44,421 employees and +/—23,569 total households within a 3-mile radius, and Valencia Road has +/—48,038 VPD.
Dutch Bros Coffee (NYSE: BROS) has over 900 locations in 18 states across the country. It has seen exceptional revenue growth from $739M in 2022 to over $913M in 2023, and its expected 2024 revenue is around $1.23 billion.
The seller was Cynthia J Fritz, trustee of the Jane Cheatum Trust and Noah Cheatum Construction Company, of Laguna Niguel, CA.
The buyer was Phoenix-based COGNYZANT, LLC, Mr. Ajay Kumar., trustee.
Alex DeSoto and Josh Jenkins with Matthews Real Estate Investment Service in Orange County, CA, handled the sale for both the seller and investor.
For more information, DeSoto and Jenkins should be reached at 866.889.0550.
To learn more, subscribers can refer to RED Comp #11786.