Investment Highlights

Property Description

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» Dutch Bros maintains excellent visibility along Spring Green Boulevard/FM 1463 Road (14,930 AADT) near Interstate 10/Katy Freeway, which experiences 158,399 vehicles per day near the site
» The property is well-positioned within the Kroger-anchored Shops at Katy Reserve Center and situated next to Chase Bank and Memorial Hermann Health System Primary Care, which provides increased daytime activity and promotes crossover traffic
» The site is 5.7 miles from Memorial Hermann Katy Hospital (208 beds) and centrally located within the Katy Independent School District (71 schools) which serves a student population of over 92,500
» The property is surrounded by high-end home developments including the nearby Reserve at Katy community (homes from $400k to $800k), and Woodcreek Reserve (homes from $260k to over $1 million)
» The site is supported by a large population of 213,464 within five miles, a significant growth of 132% since 2010 with the average annual household income exceeding $166K within a 1-, 3-, and 5-mile radius
» The location is a gateway to Downtown Houston, the fourth-most populous city in the U.S. (population 2,320,268)
» The area benefits from its strategic location within Greater Houston (7.21 million people), the seventh-largest metro economy with a GDP of $488.2 billion in 2020