44175 Jefferson St - Fast Food FOR SALE


La Quinta, CA 92253
$2,814,000 USD
949-270-8229
44175 Jefferson St, La Quinta, CA for Sale
$2,814,000 USD
Fast Food - FOR SALE
1/9
null | 4.3% Cap Rate

44175 Jefferson St
La Quinta, CA 92253


HIGHLIGHTS

  • Over 10-Years Remaining | Corporate Guaranteed | Scheduled Rental Increases | Latest Prototype
  • Signalized, Hard Corner Intersection | Drive-Thru Equipped
  • Outparcel to Jefferson Square | Strong National/Credit Tenants | Herritage Palms Golf Club |Six-Figure Income | Direct Consumer Base

OVERVIEW

SRS National Net Lease Group is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN, corporate guaranteed, drive-thru equipped, Dutch Bros. Coffee investment property located in La Quinta, California (Palm Desert). The tenant, BB Holdings CA, LLC, currently has over 10 years remaining on their initial lease with 3 (5-year) options to extend, demonstrating their long-term commitment to the site. The lease features a 10% rental increase every 5 years throughout the initial term and at the beginning of each option period, growing NOI and hedging against inflation. The lease is corporate guaranteed by Boersma Bros. LLC and is absolute NNN with zero landlord responsibilities, making it an ideal, management-free investment opportunity for a passive investor.

FOR SALE DETAILS

PRICE

$2,814,000 USD

PRICE/SF

$3,265 USD /SF

CAP RATE

4.3%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dutch Bros | 10+Yrs Remain Corp Abs NNN

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2020

SPRINKLERS

-

PARKING SPACES

14

LAND DETAILS

LAND ACRES

0.58 AC

LAND SF

25,056 SF

ZONING

CN

APN/PARCEL ID

604-521-011

ASK ABOUT THIS PROPERTY

Stephen SullivanSRS National Net LeaseMore Info
949-270-8229

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Stephen SullivanSRS National Net LeaseMore Info
949-270-8229

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.