$3,185,000

PRICE

$207,096

NET OPERATING INCOME

6.50%

CAP RATE

15,120 SF

BUILDING SIZE

1.34 AC

LAND SIZE

Shops to Cardenas

82204 Highway 111 | Indio, CA

The Offering

Anchored By Cardenas, CVS, AutoZone And Jack In The Box (NAP)
Long Term Tenants With Below Market Rents Averaging $13.68 Per Square Foot
No Vacancy And Ease Of Management With Common Area Management In Place
Newer Roof, HVAC’s, Paint And Storefronts
Daily Needs Tenancy Provides Immunity From Internet Retailing
Offered At A 6.5% Cap Rate With Below Market Rents Making It A Safe, Long-term Investment Property

Ease Of Accessibility, Property Can Be Accessedirectly From Highway 111 With Left Turn In Lane At Signal Or Along Rubidoux Street Allowing For Excellent Ingress And Egress To The Property.
Signalized Property Allows For Direct Access To Indio Grand Market Place (New Mixed-use Development, See Details) Located Directly Across From The Subject Property.
3 Miles From Polo Grounds With Direct Route From Monroe Street, World Famous Concert Venue Home Of Coachella And Stagecoach Music Festivals.

1st Fastest Growing City In Coachella Valley.3rd Fastest Growing City In Southern California
Largest City By Population In Coachella Valley. 90,000 Fulltime And Approximately 30,000 More During Winter Months

AHHI $79,490 and 190,486 Population in 5-mile Radius

Investment Highlights

  • Excellent Community Retail Center with Long Term Tenants on NNN Leases
  • Strong Trade Area Location with Excellent Street Access along both Highway 111 and Rubidoux Street
  • Strong Population Growth in Indio

Submit your information below to request the Offering Memorandum for this Property.




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