### Dutch Bros Ground Lease Sells to Sacramento Investor
SRS Real Estate Partners recently completed the $2.7-million ground lease acquisition of a Dutch Bros property in Cameron Park, a suburb of Sacramento. The newly built 950-square-foot property, located at 4085 Cameron Park Drive, sits on 0.87 acres and features a 15-year absolute triple-net corporate-guaranteed lease.
Vice President Alexander Moore represented the buyer, a private investor from Sacramento conducting a 1031 exchange. The seller was an investment group based in Oregon.
“This investment was ideal for my client as it provided them with a cash-flowing opportunity to have a ground lease with Dutch Bros, a fast-growing drive-thru coffee chain in the affluent Cameron Park area,” said Moore. “It is also proximate to Cameron Park Place Shopping Center and one block away from US Highway 50, providing an excellent location for consumer activity.”
About the Publisher:
Steve Griffin is based in sunny Palm Harbor, Florida. He’s an accountant by profession and the owner of GRIFFIN Tax (www.griffintax.com) and REVVED Up Accounting (www.revvedupaccounting.com). In addition, Steve founded Madison Avenue Technology (www.madisonave.tech). With a strong passion for commercial real estate, he’s also dedicated to keeping you up to date with the latest industry news.
