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Listed by Kunal Sethi • Sync Brokerage, Inc.
$ 2,980,000
Est. payment /mo
Active
34051 Date Palm Drive Cathedral City, CA 92234
950 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 950 sqft
Price per Sqft $3,136
MLS Listing ID CRSR25076495
HOA Y/N No
Originating Board Datashare California Regional
Year Built 2025
Lot Size 0.630 Acres
Property Sub-Type Retail
Property 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 option
Location
State CA
County Riverside
Interior
Fireplace No
Building
Water Public
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Sofia Gurevich
Real Estate & Mortgage Broker | License ID: CA DRE 01249163 I NMLS 287968