44-175 Jefferson St, La Quinta, CA 92253

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.

Dutch Bros. Coffee is strategically located at the signalized, hard corner intersection of Jefferson Street and Fred Waring Drive, averaging a combined 59,200 vehicles passing by daily. The building is complete with a drive-thru, providing ease and convenience for customers. On average, stores with drive-thrus experience higher sales than those without. The asset is ideally situated as an outparcel to Jefferson Square, a 40,000 square foot neighborhood center anchored by Fresh & Easy, CVS Pharmacy, and shadow-anchored by Walmart Neighborhood Market. Other nearby national/credit tenants include Walmart Supercenter, Costco Wholesale, Target, Lowe’s Home Improvement, Kohl’s, Hobby Lobby, and more, significantly increasing consumer draw to the immediate trade area and promoting crossover store exposure for the site. In addition, Dutch Bros. is located across from Herritage Palms Golf Club, a gated and bundled golf community with 1,662 residents, providing a direct residential consumer base from which to draw. The 5-mile trade area is supported by nearly 161,000 residents and 56,000 daytime employees. Residents within 1 mile of the subject property boast a healthy average household income of $128,101.