$2,980,000

34051 Date Palm Drive , Cathedral City, CA 92234

 
Bedrooms:0 beds
Bathrooms:0 baths
Commercial Sale:950 sqft
Lot:Unknown
Year Built:2025
Listing Status:Active

Listing Agent

Kunal Sethi
https://www.syncbrokerage.com/
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Description

Dutch Bros Coffee – Exceptional opportunity to acquire a brand-new, 2025 construction Dutch Bros Coffee with a corporate guarantee. This prototypical 950 SF double drive-thru location sits on a large 27,443 SF parcel with dedicated ingress and egress from Date Palm Blvd. Strategically positioned within a 200,000+ SF grocery-anchored regional shopping center featuring a strong mix of national and regional tenants, the property benefits from excellent co-tenancy and consumer traffic. Located just off a signalized intersection with traffic counts exceeding 50,000 vehicles per day, the site offers outstanding visibility and accessibility. Situated in the heart of Cathedral City, CA (Riverside County), the asset is located in a dynamic and growing trade area. The region has experienced significant growth in both population and demographics, making it a compelling long-term investment. The offering includes an absolute NNN ground lease with Dutch Bros Coffee Corporate (NYSE: BROS), one of the fastest-growing food and beverages brands in the U.S. With a market cap over $8 billion, 950+ locations across 18+ states, and rapid growth in sales, footprint, and brand loyalty, Dutch Bros is a highly sought-after tenant. The lease features a 15-year primary term with four (4) five-year options. Rent is structured to increase by 10% every five (5) years, including during the option periods—providing stable, increasing cash flow throughout the lease. The lease is absolute NNN Triple Net with an initial NOI of $149,000 in the first year and 10% increase in rent every 5 years. This is a rare, passive investment opportunity with a high-credit tenant, excellent real estate fundamentals, and long-term income growth.

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Other Information

34051 Date Palm Drive, Cathedral City, CA, 92234 is a commercial sale listing of 950 sqft on a lot of Unknown. This commercial sale listing has 0 bedrooms, and 0 baths. The map for this location can be viewed on Google maps at Google maps to property34051 Date Palm Drive, Cathedral City, CA
Copyright © 2025 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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