Farmer Boys | Cathedral City, CA
New 20-Year Absolute NNN Ground Lease | Across from Agua Caliente Casino (Top 2% Casino Nationwide)
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CLICK HERE FOR FULL OFFERING MEMORANDUM: https://bit.ly/FarmerBoys_CathedralCity
Investment highlights
Located in an Opportunity Zone
Single-Tenant Corporate Farmer Boys Drive-Thru:
New 20-year absolute NNN ground lease; zero landlord responsibilities
10% increases every 5 years during the base term and each of the three 10-year options
Farmer Boys is a leading restaurant concept that offers delicious meals made with fresh, locally sourced ingredients whenever possible
100+ locations and counting across California, Nevada, and Arizona
Strategically Situated Across from the New Agua Caliente Casino (Top 2% Casino Nationwide, Placer.ai):
Agua Caliente Casino Cathedral City is ranked within the top 2% of casinos nationwide, based on consumer traffic, according to Placer.ai
The casino is 125,000 square feet and consists of over 30,000 square feet of casino gaming, including 530 of the newest, most exclusive slot machines, 8 live table games, and three restaurants and bars
Located in the Newly Constructed Cathedral Cove Center in the Heart of Downtown Cathedral City: Co-tenants include Circle K, Chipotle, and Starbucks
Strong Central Highway 111 Location to Serve the Coachella Valley’s 425,000 Year-Round Residents, 150,000 Snowbirds and Over 14 Million Tourists Per Year
Positioned at the Signalized Intersection of Palm Canyon Drive/Highway 111, a Primary North/South Thoroughfare, and Date Palm Drive; One of the Busiest Intersections in the Coachella Valley (55,000+ CPD)
Major Tourist Attraction: The Coachella Valley is home to 4 casinos and over 130 golf courses, Coachella Valley Music & Arts Festival, Stagecoach, Riverside County Fair & National Date Festival, BNP Paribas Open, and American Express PGA Golf Tournament
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