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83197 Requa Ave 3,217 SF Retail Building Indio, CA 92201 $1,175,000 ($365.25/SF) 7.15% Cap Rate
EXECUTIVE SUMMARY
Excellent Business opportunity in highly desired area of Indio, This Auto dealership is also suitable for any other type of business and can easily be converted into Retail/Warehouse etc. Located at the visible corner of Requa ave and Hwy 111 and is a turn key, Recently Remodeled and ready for a new owner. Huge Lot to park 100+ cars including RV spaces and adjacent unpaved parcel # 611371028 is included which can either be used for a different business or expansion. Don't miss out on this great opportunity if you are looking for a well furnished ready to start business. This property offers automated security gate, Nice welcoming reception area to greet your clients, High tech security system, Two executive offices to close deals with your clients. Owner has taken a pride in adding appropriate lighting interior and exterior.
Dealer Licence Active, Adjacent Parcel # 611371028 is Included in sale. Please call for more information.
SHOW INSTRUCTIONS: By Appointments only! Please call Listing agent Syed Reza 760-799-1337 and wait for confirmation.
Dealer Licence Active, Adjacent Parcel # 611371028 is Included in sale. Please call for more information.
SHOW INSTRUCTIONS: By Appointments only! Please call Listing agent Syed Reza 760-799-1337 and wait for confirmation.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
3,217 SF
Building Class
C
Year Built
1989
Price
$1,175,000
Price Per SF
$365.25
Cap Rate
7.15%
NOI
$84,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
0.60 AC
Zoning
C3 - General Retail
Parking
10 Spaces (3.11 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Pylon Sign
- Signage
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 611-371-027 | Improvements Assessment | $441,185 |
| Land Assessment | $94,537 | Total Assessment | $535,722 |
PROPERTY TAXES
Parcel Number
611-371-027
Land Assessment
$94,537
Improvements Assessment
$441,185
Total Assessment
$535,722
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83197 Requa Ave
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