84010 Avenue 50 | Coachella, CA 92236
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
84010 Avenue 50
Coachella, CA 92236
CVS Pharmacy - Absolute NNN Lease · Retail Property For Sale
Investment Highlights
- Corporate Backed Long-Term Lease – CVS signed a 25-year lease with approximately 12 years remaining on the initial lease term
- BBB Credit Rating by Standard & Poor’s – Tenant is publicly traded on the NYSE and reported annual revenues in excess of $268 billion in 2020
- Approximately a Half Mile from the Ravella Development – Project will include 115 single-family residences and a 5-acre commercial component
- Absolute Net Lease Structure – Zero landlord responsibilities for operating or capital expenses
- Across from Proposed Van Buren Plaza Project – 18-acre mixed use project featuring 81,000 square feet of retail and a 93-room hotel
- Close Proximity to the Empire Polo Club – Home to the Coachella and Stagecoach music festivals
Property Facts
Property Type
Retail
Property Subtype
Drug Store
Building Size
12,900 SF
Building Class
B
Year Built
2009
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
1.54 AC
Zoning
C-G
Parking
60 Spaces (4.61 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Signage
- Signalized Intersection
- Drive Thru
Property Taxes
| Parcel Number | 603-260-057 | Improvements Assessment | $2,921,621 |
| Land Assessment | $2,954,535 | Total Assessment | $5,876,156 |
Property Taxes
Parcel Number
603-260-057
Land Assessment
$2,954,535
Improvements Assessment
$2,921,621
Total Assessment
$5,876,156
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
