Cathedral City, CA 92234,34051 Date Palm Drive
Cathedral City, CA 92234,34051 Date Palm Drive
Cathedral City, CA 92234,34051 Date Palm Drive
Cathedral City, CA 92234,34051 Date Palm Drive
Cathedral City, CA 92234,34051 Date Palm Drive
Cathedral City, CA 92234,34051 Date Palm Drive
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$ 2,980,000
Est. payment | /mo

950 SqFt


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$ 2,980,000
Est. payment | /mo
Save

950 SqFt

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

Year Built 2025

Lot Size 0.630 Acres

Acres 0.63

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

New Construction No

Others

Tax ID 687440011

Bridge MLS
Listed by Kunal Sethi • Sync Brokerage, Inc.
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34051 Date Palm Drive