Tucson, Arizona – Dutch Bros Coffee
As our first Tucson project, CVP purchased a Mimi’s Cafe building in March 2018. Upon purchase, CVP demolished the vacant building and began site-work preparation for Tucson’s first Dutch Bros, a friendly coffee company from Grants Pass, Oregon. Dutch Bros signed a long-term lease with CVP. CVP is building Dutch Bros newest “2040” prototype, which offers a contemporary look and good coffee at an efficient 824 square feet. The building will also feature a landscaped patio area and drive-thru queueing for up to 20 vehicles. Dutch Bros is anticipated to open in early autumn 2018.
CVP actively manages the asset. CVP worked with Brian Kocour at Kocour Companies, LLC for the land acquisition and with GPS advisors on the leasing. A23 Studios designed the building, Cypress Civil Development put together the civil engineering strategy, and MW Morrissey manages the construction. Tim Storey at Newmark Realty Capital, Inc brokered the construction loan with Bankers Trust.