Log In/Sign Up
Your email has been sent.
44680 Jackson St 9,200 SF 100% Leased Retail Building Indio, CA 92201 $2,360,000 ($256.52/SF) 6% Cap Rate
EXECUTIVE SUMMARY
CBRE is pleased to present the opportunity to acquire 44680 Jackson Street, a fully leased, ±9,200 square foot two-tenant retail asset in the heart of Indio, California.
The property is strategically located at the high-visibility intersection of Jackson Street and Avenue 44, within one of the city’s most active commercial corridors and less than one mile from both Interstate 10 and Highway 111.
The center is anchored by Aaron’s (8,000 SF), a national, publicly traded lease-to-own retailer operating over 1,200 stores across the U.S. and Canada. Aaron’s has been at this location since 2006, and recently exercised a five-year option 18 months ahead of schedule, signaling a strong commitment to the site. The lease includes a corporate guaranty. The secondary tenant, MS Flooring (1,200 SF), has operated continuously at the property since 2009 under a true NNN lease, providing reliable, passive income.
The property is strategically located at the high-visibility intersection of Jackson Street and Avenue 44, within one of the city’s most active commercial corridors and less than one mile from both Interstate 10 and Highway 111.
The center is anchored by Aaron’s (8,000 SF), a national, publicly traded lease-to-own retailer operating over 1,200 stores across the U.S. and Canada. Aaron’s has been at this location since 2006, and recently exercised a five-year option 18 months ahead of schedule, signaling a strong commitment to the site. The lease includes a corporate guaranty. The secondary tenant, MS Flooring (1,200 SF), has operated continuously at the property since 2009 under a true NNN lease, providing reliable, passive income.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
9,200 SF
Building Class
B
Year Built
2010
Price
$2,360,000
Price Per SF
$256.52
Cap Rate
6%
NOI
$141,600
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.29
Lot Size
0.72 AC
Opportunity Zone
Yes
Zoning
RC
Parking
40 Spaces (4.05 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Pylon Sign
- Signage
Walk Score®
Very Walkable (71)
Bike Score®
Very Bikeable (72)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 611-282-037 | Improvements Assessment | $1,153,052 |
| Land Assessment | $567,889 | Total Assessment | $1,720,941 |
PROPERTY TAXES
Parcel Number
611-282-037
Land Assessment
$567,889
Improvements Assessment
$1,153,052
Total Assessment
$1,720,941
1 of 9
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
44680 Jackson St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.