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Investment Highlights

  • Absolute NNN Lease with Brand-New Construction
  • High-Traffic Grocery-Anchored Center
  • Employment Drivers and Daily Convenience
  • Prime “Donut Hole” Location in the Coachella Valley
  • Strong Demographics and Population Base
  • Tourism-Fueled Market with Regional Scarcity

Executive Summary

If you believe in drive-thru dominance, this one deserves attention. This brand-new 2025 corporate Dutch Bros is secured by a 15-year absolute NNN ground lease and features a double drive-thru built for volume. Located within Cathedral City Marketplace—a grocery-anchored center drawing 5M+ annual visits—the property sits in the retail core of the Palm Springs MSA. Surrounded by tourism demand, major employment hubs, and dense residential, the site captures steady daily traffic in a supply-constrained drive-thru market. Dutch Bros is one of the fastest-growing coffee brands in the U.S.—and this asset places you directly in that expansion story.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
950 SF
Building Class
B
Year Built
2025
Price
$4,467,978 CAD
Price Per SF
$4,703.13 CAD
Cap Rate
4.65%
NOI
$207,761 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
0.63 AC
Zoning
PCC
Frontage
92’ on Date Palm

Amenities

  • Restaurant
  • Drive Thru
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100

Nearby Major Retailers

Planet Fitness
Food 4 Less
IHOP
Applebee's
U.S. Bank
CrossFit
United Rentals
Stater Bros Markets

Property Taxes

Property Taxes

Parcel Number
687-440-011
Land Assessment
$737,164 CAD
Improvements Assessment
$496,941 CAD
Total Assessment
$1,234,105 CAD
  • Listing ID: 39496118

  • Date on Market: 2026-02-19

  • Last Updated:

  • Address: 34051 Date Palm Dr, Cathedral City, CA 92234

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