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34051 Date Palm Dr
For Sale $2,865,000
$2,865,000
- 1 Units
- Unknown Sq Ft
- 27,443 Sq Ft
- Unknown Cap Rate
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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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $2,865,000 |
| Property Type | Retail |
| Usable Sqft | Unknown |
| Number of Stories | 1 stories |
| Parking Spots | 0 spots |
| Year Built | 2025 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 687440011 |
| MLS # | SR25076495 |
| Property ID | 321428777 |
| Lot Sqft | 27,443 |
| Zoning | Unknown |
| Total Units | 1 |
| Days on Market | 248 |
| Original List Price | $2,980,000 |
| Date Updated | August 14, 2025 |
| Date Created | April 07, 2025 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
Kunal Sethi an agent of . Lic #01351160
© 2025 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of August 14, 2025 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Robert Crawford
REAL ESTATE AGENT