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Dutch Bros | Palm Desert, CA 73270 Dinah Shore dr 950 SF Retail Building Palm Desert, CA 92211 $2,965,000 ($3,121.05/SF) 4.35% Cap Rate



Investment Highlights
- New-Construction, Single-Tenant Dutch Bros Drive-Thru; 15-Year Absolute NNN Corporate Ground Lease
- 15-year absolute NNN corporate ground lease; 10% increases every 5 years
- Excellent Accessibility, Identity, and Visibility Along the Interstate 10 Freeway
- Dutch Bros (NYSE: BROS) is the nation’s fastest growing coffee brand with 1,100+ locations in 25 states, and plans to have 2,000+ shops by 2029
- No landlord responsibilities; passive single-tenant net leased asset
- Monterey Crossing benefits from freeway-visible pylon signage and is the first Palm Desert center to be approved for freeway signage
Executive Summary
New 15-Year Absolute NNN Corporate Ground Lease (NYSE: BROS) | Strategic Location @ I-10 Interchange | Freeway-Visible Pylon Signage
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Retail
Building Size
950 SF
Building Class
B
Year Built
2026
Price
$2,965,000
Price Per SF
$3,121.05
Cap Rate
4.35%
NOI
$129,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Lot Size
1.00 AC
Zoning
PC - Planned Commercial Zoning
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
20/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 685-020-045 | Improvements Assessment | $0 |
| Land Assessment | $476,472 | Total Assessment | $476,472 |
Property Taxes
Parcel Number
685-020-045
Land Assessment
$476,472
Improvements Assessment
$0
Total Assessment
$476,472
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