82280 Highway 111
Indio, CA 92201
Rubidoux Plaza - Strip Center · Retail Property For Sale

Faris Lee Investments is pleased to present a rare opportunity to acquire Rubidoux Plaza (82880 Highway 111, Indio, CA) a strip center servicing the Coachella Valley located directly off the dominant desert artery Highway 111. The property is currently occupied by successful retailers such as Fred Loya, Metro PCS, and Sushi Bento. Rubidoux Plaza’s unique mix of daily-needs tenants has made this an ideal location for retailers and customers, which is evident by the long-term historical occupancy at this site. Most of the tenants have been successfully operating at this location for nearly 10 years and feature strong scheduled rental increases throughout their lease terms. Indio is the 3rd fastest growing city in Southern California, and is the largest city in the desert by population with approximately 90,000 full time residents and approximately 30,000 additional residents during the winter months. Average household incomes exceed $86,000 within a 5 mile radius. The property boasts a strong location in the trade area with 196’ of frontage on Highway 111 (27,000+ VPD). This location allows for excellent frontage and visibility from this almost one acre lot. The property is ideally located to capture synergistic shoppers from neighboring Cardenas market. In addition, the property is located directly across from the Indio Grand Marketplace, a redevelopment of the current Indio Mall, which will feature a mixed-use project with premiere retailers, casual dining and entertainment. It will also feature up to 400 new residential units and a hospitality element, further enhancing this overall location.