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Castle City 82530 US Highway 111 4,200 - 19,330 SF of Retail Space Available in Indio, CA 92201
HIGHLIGHTS
- Low rental rate. $1.50 per square foot Modified Gross.
- There are over 200 parking spaces available at the property.
- Second floor is ideal for a business hosting events on an at large basis like weddings and family celebrations.
SPACE AVAILABILITY (3)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste A | 5,000 SF | 5 Years | $18.00 /SF/YR $1.50 /SF/MO $90,000 /YR $7,500 /MO | Modified Gross | ||
| 1st Floor, Ste B | 4,200 SF | 5 Years | $18.00 /SF/YR $1.50 /SF/MO $75,600 /YR $6,300 /MO | Modified Gross | ||
| 2nd Floor | 10,130 SF | 5 Years | $18.00 /SF/YR $1.50 /SF/MO $182,340 /YR $15,195 /MO | Modified Gross |
1st Floor, Ste A
Former restaurant site with remnants of restaurant equipment still there. (None can be re-used and must be purchased anew.)
- Listed rate may not include certain utilities, building services and property expenses
1st Floor, Ste B
Open floor plan with two private restrooms. Formerly an office with cubicles for employee work areas.
- Listed rate may not include certain utilities, building services and property expenses
2nd Floor
The second floor has been used for both a restaurant and nightclub. Although the equipment has been removed, the design for a kitchen, walk in refrigerator and freezer, and work areas remain. (Again, none of this equipment is there. It must be purchased anew, only remnants remain.) Owner shall deliver the suite in a vanilla shell condition less the rooms and areas that used to house restaurant equipment at one time.
- Listed rate may not include certain utilities, building services and property expenses
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT CASTLE CITY
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Cammie Warburton
- -
- 1
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Cammie Warburton | - | 1 | - |
PROPERTY FACTS
| Total Space Available | 19,330 SF | Gross Leasable Area | 20,259 SF |
| Property Type | Retail | Year Built | 1996 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 9.38/1,000 SF |
| Total Space Available | 19,330 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 20,259 SF |
| Year Built | 1996 |
| Parking Ratio | 9.38/1,000 SF |
ABOUT THE PROPERTY
This is the property known as The Castle. It has featured numerous restaurants and nightclubs in the past. Among restaurants that have operated here in the past are La Casita, a regional Mexican restaurant chain, and Shakey's Pizza, a national tenant. El Castillo Sinaloense is a former nightclub that generated great crowds as well. The property now becomes available for its next round of uses for restaurant, and entertainment. The upstairs area is best suited for an events center. Weddings, anniversary private parties, Quinceaneras, birthday celebrations are all possible with this area. The floor plan features a reception area with a bar, an open area for dining and dancing, infrastructure for a commercial kitchen, and private restrooms. The second floor has both elevator service, a service elevator, and stairwell access. Suite A is a former restaurant suite. Remnants of restaurant equipment remain, but none of it is usable. They will all have to be replaced. Suite B is a former office suite. The tenant used cubicles for work areas. Owners are motivated. Please call for a site visit.
- Pylon Sign
- Signage
NEARBY MAJOR RETAILERS
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Castle City | 82530 US Highway 111
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