Investment Highlights

15-YEAR ABSOLUTE NNN LEASE TO STRONG RETAIL TENANT
» New 15-year NNN lease with four (4) five (5) year options, creating a stable, longterm investment
» 10% rental increases every five years, providing a hedge against inflation
» Absolute NNN lease requires zero landlord management, ideal for an out-of-area investor
» Dutch Bros is the country’s largest privately held drive-thru coffee chain with over 380 locations and expanding nationally

HIGH-VISIBILITY LOCATION ON THE PRIMARY TRANSPORTATION AND COMMERCIAL CORRIDOR IN LOS BANOS
» High-traffic location along East Pacheco Boulevard (33,500 AADT) and adjacent to new Chipotle with drive-thru, increasing traffic to the site
» Projected 12 percent AHI increase within a one-mile radius of the site in the next five years, poising Los Banos for significant growth
» Over 67,000 vehicles per day at the intersection of East Pacheco Boulevard and Mercey Spring Road, increasing visibility to the property

LOCATED IN DENSELY POPULATED AND AFFLUENT RETAIL CORRIDOR
» $71,722 average household income within a three-mile radius of the location
» Population of 41,888 within three miles of the property
» Neighbored by many major national retailers including Home Depot, Save Mart, Rite Aid, Walgreens, Starbucks, Taco Bell, Jack in the Box, McDonald’s, NAPA Auto Parts and many others
» Within walking distance of many schools including Los Banos High School with over 1,400 students

NEW 2020 CONSTRUCTION WITH DEDICATED DOUBLE DRIVE-THRU
» Features latest Dutch Bros. prototype with dedicated double drive-thru

Property Description

SOLD

The property is conveniently located along East Pacheco Boulevard, which experiences a high traffic count of 33,500 vehicles per day directly in front of the property. The location is strategically placed just off the signalized intersection of East Pacheco Boulevard and Mercey Springs Road, which experiences 67,000 vehicles per day. The property is primed to grow along with the surrounding area, with a projected 12 percent average annual household income increase within one mile of the property in the next five years.

The location is centrally placed on the primary transportation and commercial corridor in Los Banos. Visibility to the property is increased by the site’s centralized location on the primary transportation and commercial corridor in Los Banos. The average household income within three miles of the property sits at a robust $71,722, with 41,888 residents living within that same three-mile radius. The property is neighbored by many major national retailers including Home Depot, Save Mart, Rite Aid, Walgreens, Starbucks, Taco Bell, Jack in the Box, McDonald’s, NAPA Auto Parts and many others. The property resides within walking distance of many of the area’s major schools including Los Banos High School with over 1,400 students.