82204 Highway 111
Indio, CA 92201
Shops to Cardenas · Retail Property For Sale

Excellent Community Retail Center with Long Term Tenants on NNN Leases • Anchored by Cardenas, CVS, AutoZone and Jack in the Box • 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 make it safe long term investment property Strong Trade Area Location with Excellent Street Access along both Highway 111 and Rubidoux Street. •Ease of accessibility, property can be accessed directly 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 Stage Coach Music Festivals. Strong Population Growth in Indio •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