La Quinta, CA - Dutch Bros

Description:

• Corporate guaranteed by Boersma Bros. LLC
• BB Holdings CA, LLC currently has over 10 years remaining on their initial leasewith 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 drive-thru coffee shop opened in Febuary of 2021, featuring Dutch Bros’ most recent prototype

• Located at the signalized, hard corner intersection of Jefferson Street and Fred Waring Drive, averaging a combined 59,200 vehicles passing by daily
• Complete with a drive-thru, providing ease and convenience for customers
• On average, stores with drive-thrus experience higher sales than those without

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Listing ID: a28TP000001uTZpYAM