Dutch Bros Corporate Lease | Absolute NNN Lease | Single Tenant with Double drive-thru | Above market - 5.20% CAP rate | Southern California location. Lease Commencement Date: June 1st, 2025. Brand-new construction, absolute Triple Net (NNN) Corporate ground leased Dutch Bros Coffee with a 15-year primary term and located in the trade areas of Cathedral City, CA. This is a rare opportunity to own a 950 SF building (typical DB store) with a double drive-thru in Riverside County which limits new drive thru developments. The rapidly growing and publicly traded drive-thru coffee chain currently operates over 1,002+ locations across 18 states with over 160+ locations slated to open in 2025. With a corporate guarantee, Four 5 year options and 10% rent increases every 5 years and no landlord responsibilities, this asset is ideal for an investor seeking long term passive cash flow at a highly desirable location. The property is located on a outparcel for The Cathedral City Marketplace close to a signalized intersection with traffic counts of over 55,000 vehicles per day. The Cathedral CIty Center is grocery anchored by Food4Less along with DD’s Discount, Planet Fitness, Jack in the Box, Mobil Gas, IHOP, Pizza Hut and other national and regional retailers. The Food4Less has been operating at this location for over 26 years and is one of the highest grossing grocers in the region. Cathedral City is located in the Coachella Valley. The current metro area population of Cathedral City, Indio and Palm Springs was over 504,000 as of Nov 2024.