Retail Business for Sale in Las Cruces, NM

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Las Cruces, NM 88005

Description

Dutch Bros is a high growth operator and franchisor of drive-thru shops that focus on serving high quality, handcrafted beverages with unparalleled speed and superior service. Dutch Bros Coffee is one of the largest publicly-traded drive-thru coffee companies with approximately 1,135 stores open across 25 states. Las Cruces is the second-most populous city in New Mexico and serves as the county seat of Doña Ana County. The city is home to an estimated 111,385 residents. Las Cruces is a thriving city surrounded by picturesque desert and conveniently located less than an hour from El Paso International Airport. Investment Highlights: • 13 Plus Years Remaining on Absolute Triple-Net (NNN) Lease with Corporate Dutch Bros Guaranty (NYSE: BROS) • Dutch Bros is One of the Fastest-Growing Brands in the Quick Service Beverage Industry in the U.S. with Approximately 1,135 Locations in 22 States • Ten Percent Rental Increases Every Five Years with Multiple Renewal Options • New 2024 Construction with Two Drive-Thru Lanes • Growing Trade Area in Las Cruces - 104,886 Residents within a Five Mile Radius • Central Location Just Two Miles from Downtown Las Cruces and New Mexico State University • Across from Walmart Supercenter and Surrounded by National Retailers: McDonald's, Cracker Barrel, Applebee's, and More • Situated Immediately Off Interstate 10, a Major Connector with Direct Access from Las Cruces International Airport

Market Context

This retail in Las Cruces, NM is listed for sale. It is offered at an approximate 5.4% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 67 days. Compare it against other retail listings for sale in Las Cruces, NM — <a href="/search/sale/retail/new-mexico/las-cruces">view the full market</a>.

Contact

Explore this market

Similar Retail Business for Sale in Las Cruces, NM