Flanagan Investment Real Estate proudly presents an exceptional single-tenant, absolute NNN ground lease investment opportunity featuring Dutch Bros at 7330 San Antonio Dr NE in Albuquerque’s prestigious Northeast Heights submarket. This newly constructed drive-thru coffee location is backed by a 15-year corporate-guaranteed lease with BB Holdings NM, LLC, a subsidiary of Dutch Bros, Inc. (NYSE: BROS), one of the fastest-growing coffee brands in the nation with over 1,020 locations and a strong public market presence.
The offering delivers a truly passive investment structure with zero landlord responsibilities under an absolute NNN ground lease. Investors will benefit from scheduled 10% rental increases every five years and three additional five-year renewal options, ensuring long-term income stability. The property sits on ±0.96 acres at a high-traffic intersection with over 52,300 vehicles per day and enjoys full site access. Surrounding national retailers include Albertsons, McDonald’s, Walgreens, and Sports & Wellness, reinforcing the strength of this dense, in-fill trade area.
Located just east of Interstate 25 and across from Albuquerque Academy, a nationally recognized private institution, the site is positioned in one of the city’s most affluent neighborhoods. With a purchase price of $1,900,000, a 5.00% cap rate, and an initial NOI of $95,000, this asset combines strong real estate fundamentals with a creditworthy tenant and a long-term lease structure. This is an ideal opportunity for investors seeking reliable income, minimal management, and exposure to a rapidly expanding brand in a high-barrier market.
Cole Flanagan
Flanagan Investment Real Estate
