This Retail Property is no longer advertised on LoopNet.com.

34051 Date Palm Dr
Cathedral City, CA 92234
Dutch Bros | Palm Springs MSA · Retail Property For Sale

Investment Highlights

  • New 15-year absolute NNN ground lease to Dutch Bros, the second-largest drive-thru coffee chain in the U.S
  • Tenant covers all taxes, insurance, and maintenance, including roof, structure, and parking lot, providing a fully passive investment
  • Total revenue for Q1 2025 increased by 29% year-over-year, per Yahoo Finance, with expectations of annual revenue growth of approximately 20%
  • 10% rental increases every five (5) years in initial term and option periods, ensuring consistent income growth
  • Dutch Bros opened its 1,000th shop in February 2025 and plans to open 1,000 more by 2029.

Property Facts

Property Type
Retail
Property Subtype
Fast Food
Building Size
950 SF
Building Class
B
Year Built
2025
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

Property Taxes

Property Taxes

Parcel Number
687-440-011
Land Assessment
$535,800
Improvements Assessment
$361,196
Total Assessment
$896,996
  • Listing ID: 37461962

  • Date on Market: 8/28/2025

  • Last Updated:

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

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}