82360 Highway 111
Indio, CA 92201
Retail Property For Sale

Faris Lee Investments is pleased to present a rare opportunity to acquire South Rubidoux (82360 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 including Cricket Wireless, Little Caesars, Fiesta Auto Insurance, and Indio Medical Clinic. South Rubidoux’s unique mix of daily-needs tenants has made this an ideal location for retailers and customers. In addition, nearly all tenants feature strong scheduled annual rental increases throughout their lease terms, hedging against inflation for the new buyer. 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.