Sam Wesson, Senior Director at Exclusive Realty, is pleased to announce the details of a recent $2.98 million sale of a Broomfield, Colorado, Dutch Bros Coffee. The Dutch Bros Coffee location is on a 15-year absolute net lease with no landlord responsibilities, providing a safe and stable long-term investment for the buyer. This sale, in which Wesson represented both buyer and seller, demonstrated his incredible acumen and the strength of his professional network.
Exclusive Realty is a nationwide commercial real estate investment sales and advisory firm specializing in net lease retail properties. In a recent strategic transaction, Exclusive Realty represented both the seller, Cole Valley Partners, a major national real estate development company, and the buyer, a repeat investor from California who chose to remain anonymous.
The recent transaction was part of an overarching 1031 exchange piloted by Wesson. His client out of California was looking to sell a 7-Eleven in Salt Lake City after receiving notice that they wouldn’t be renewing their lease in 2025. Initial seller expectations for the sale of the 7-Eleven were $2M, but Wesson was pivotal in sparking a fierce bidding war among local gas station operators. The end result was a sale for $2.7M, 35% higher than the client’s initial goal. Additionally, due to the higher than anticipated sale price, the acquisition of the Dutch Bros Coffee location provides a much greater yearly cash flow than was expected as an end result of the 1031 exchange. The Dutch Bros Coffee location represented a unique find tailored to the specific needs of the client: a strong tenant profile, corporate guarantee, impressive growth trends, and high average unit volume. Dutch Bros Coffee locations in the Denver area average significantly higher sales than their national average.
“This transaction highlights Exclusive Realty’s ability to uncover high-value off-market opportunities and deliver exceptional results for our clients,” said Sam Wesson. “By creating competition for the initial sale and securing a premium replacement asset, we exceeded expectations for all parties while enhancing the buyer’s long-term investment strategy.”
Moreover, this transaction signifies Wesson’s industry knowledge, exceptional network, and how knowing the right people can pay off for his clients. By leveraging developer contacts and years of experience, Wesson sourced an off-market Dutch Bros in the Denver suburbs for his buyer, a sought-after property in one of the highest performing MSAs for Dutch Bros locations.
Learn more by visiting https://exclusive-realty.com/.
ABOUT EXCLUSIVE REALTY
Exclusive Realty is a nationwide commercial real estate investment sales and advisory firm specializing in net lease retail properties.
Media Contact
Company Name: Exclusive Realty
Contact Person: Samuel Wesson
Email: Send Email
City: BLOOMFIELD TOWNSHIP
State: MICHIGAN
Country: United States
Website: https://exclusive-realty.com/
