SWC Highway 111 @ Date Palm Dr - Freestanding FOR SALE
Cathedral City, CA 92234 |
$3,815,000 USD
844-585-7684
SWC Highway 111 @ Date Palm Dr
Cathedral City, CA 92234
HIGHLIGHTS
- Located in an Opportunity Zone
- Single-Tenant Corporate (NASDAQ: SBUX; S&P: A-) Starbucks Drive-Thru: New 10-Year Lease
- Strategically Situated Across from the New Agua Caliente Casino (Top 2% Casino Nationwide, Placer.ai)
- Located in the Newly Constructed Cathedral Cove Center in the Heart of Downtown Cathedral City: Co-tenants include Circle K, Chipotle, and Farmer Boys
- Strong Central Highway 111 Location to Serve the Coachella Valley’s 425,000 Year-Round Residents
- Positioned at the Signalized Intersection of Palm Canyon Drive/Highway 111, a Primary North/South Thoroughfare, and Date Palm Drive
FOR SALE DETAILS
PRICE
$3,815,000 USD
PRICE/SF
$2,008 USD /SF
CAP RATE
4.85%
% LEASED
-
TENANCY
Single
STATUS
Under Construction
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Starbucks | Cathedral City, CA
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2025
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
CROSS STREETS
Date Palm Dr
LAND ACRES
0.79 AC
LAND SF
34,412 SF
ZONING
-
APN/PARCEL ID
687-500-023
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844-585-7684
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844-585-7684
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