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82451 Highway 111
Indio, CA 92201
Bldg C · Retail Property For Sale
Investment Highlights
- Rite Aid is a Strong Tenant: Publicly traded(NYSE: RAD), S&P rated “B”, Fortune 500 company
- Excellent Visibility on Highway 111, Indio’s main retail corridor
- City of Festivals: Indio receives 1.4 million visitors annually and is the fastest growing city in Greater Palm Springs
- Long-term, NNN Lease: Seven more years on the lease with Rite Aid corporate guarantee and 5% increases every 5 years
- Signalized, hard corner intersection with 20,444 VPD
Property Facts
Property Type
Retail
Property Subtype
Building Size
17,272 SF
Building Class
B
Year Built
2008
Tenancy
Single
Building Height
1 Story
Building FAR
0.25
Lot Size
1.57 AC
Zoning
C2 - The NC designation provides for convenient small scale shopping and personal service uses in close proximity to residential neighborhoods.
Parking
20 Spaces (5 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Signage
- Signalized Intersection
- Drive Thru
Property Taxes
| Parcel Number | 614-031-018 | Improvements Assessment | $5,934,651 |
| Land Assessment | $1,638,621 | Total Assessment | $7,573,272 |
Property Taxes
Parcel Number
614-031-018
Land Assessment
$1,638,621
Improvements Assessment
$5,934,651
Total Assessment
$7,573,272
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