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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Listed by Kunal Sethi • Sync Brokerage, Inc.
$2,980,000
Est. payment /mo
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950 SqFt
Active

34051 Date Palm Drive Cathedral City, CA 92234

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Max Manatt

Max Manatt

Keller Williams Realty

+1(925) 980-3375

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


Bay East AOR and Contra Costa AOR

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agent

Max Manatt

Agent | License ID: 01957416

+1(925) 980-3375

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34051 Date Palm Drive