B+E brokers sale of Denver, CO Dutch Bros. Coffee property for $2.39 million

Industry: Real Estate

B+E, the first brokerage and technology platform for net lease real estate, today announced the sale of the Dutch Bros. Coffee property located at 4601 N. Peoria Street, Denver, Colorado for $2,239,583 (4.8% cap rate).

Denver, CO (PRUnderground) February 2nd, 2021

B+E, the first brokerage and technology platform for net lease real estate, today announced the sale of the Dutch Bros. Coffee property located at 4601 N. Peoria Street, Denver, Colorado for $2,239,583 (4.8% cap rate).

The buyer is a 1031 exchanger from New York and the seller is a Portland, Oregon based developer.  The property is +/- 862 square feet and sits on +/- .85 acres of land. There are 15 years remaining on the lease.

“The Net Lease market has been extremely resilient, and good product like this Dutch Bros. property moves fast,” said Spencer Henderson of B+E.  “We are always happy to execute for a client within a tight 1031 timeline.  Denver, CO is becoming a wonderfully robust market, and our client can now go skiing and visit his investment — a win-win!”

For more information, contact Spencer Henderson at shenderson@benetlease.com or go to www.benetlease.com

About B+E

B+E is a modern investment brokerage firm, specializing in net lease real estate. The firm helps clients buy and sell single tenant real estate. Founded by deeply experienced brokers, B+E redefines trading through an intuitive end-to-end transaction platform consisting of user-friendly dashboards and an AI-driven exchange — all leveraging the largest data set in the net lease industry.

Complementing senior talent with exceptional technology, B+E’s proprietary process affords greater speed, unrivaled transaction efficiencies, and stronger asset value. With offices in New York City, Chicago, Atlanta, Tampa, Charlotte, Orange County, San Francisco, and Dallas, its brokers trade property for clients across the US. B+E allows virtually anyone to confidently trade net lease real estate.

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