Language and Region
Currency

This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.

Email*

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

Send me a copy

939 characters remaining

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

Dutch Bros. Coffee 34051 Date Palm Dr

950 SF Retail Building Cathedral City, CA 92234 $4,280,621 CAD ($4,506 CAD/SF) 5% Cap Rate

.mosaic-column{display:inline-block!important;height:100%!important;width:auto!important}.mosaic-tile i{display:none!important}.mosaic-tile img{height:100%!important;width:auto!important}

Investment Highlights

Dutch Bros Corporate Ground Lease. Brand new 15 year Lease with four 5 year options. NNN - No Landlord responsibilities.
Publicly Traded Tenant: NYSE: BROS 950+ Locations in over 18 States.
Metro Area Population of over 500k.

Dominant Grocery Anchored Shopping Center Out-parcel. Free Standing Double Drive-thru located at a signalized intersection with 55,000 VPD.
Lease is in full force and effect and is not subject to termination.
Lease rent commencement date is June 1st, 2025. Seller will credit Buyer for tenant rent 'from' close of escrow till rent commencement date.

Executive Summary

Sync Commercial is pleased to present a rare opportunity to purchase a brand-new construction absolute NNN Dutch Bros Coffee ground lease with a 15-year primary term located in the trade areas of Cathedral City, CA. This is a rare opportunity to own a 950 SF building with a double drive-thru in Riverside County which limits new drive thru developments. The rapidly growing and publicly traded drive-thru coffee chain currently operates over 850 locations across 16 states with over 150+ locations opening in 2024. With a corporate guarantee, Four 5 year options and 10% rent increases every 5 years and no landlord responsibilities, this asset is ideal for an investor seeking long term passive cash flows.
**Building is under construction. Lease is in full force and effect and is not subject to termination by the Tenant. Seller will credit Buyer for tenants rent from close of escrow till rent commencement date of June 1st, 2025.
The property is located on a outparcel for The Cathedral City Marketplace close to a signalized intersection. The center is grocery anchored by Food4Less along with DD’s Discount, Planet Fitness, Jack in the Box, Mobil, IHOP, Pizza Hut and many national and regional retailers. The Food4Less has been operating at this location for over 26 years and is one of the highest grossing grocers in the region. Cathedral City is located in the Coachella Valley. The current metro area population of Indio-Cathedral City-Palm Springs in 2024 was 504,000, a 1.61% increase from 2023. The metro area population of Indio-Cathedral City-Palm Springs in 2023 was 496,000, a 1.85% increase from 2022.

Dutch Bro's Brochure