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Gas Station w/ Convenience Store & Restaurant 74478 Hwy 111
5,285 SF 100% Leased Retail Building Palm Desert, CA 92260 $5,817,024 ($1,101/SF)
Investment Highlights
- Well maintained center hosting fuel, a convenient store, postal office and a Mexican restaurant
- Signalized Intersection
- Impressive demographics
- Great corner location on Highway 111, a major Coachella Valley corridor connecting Palm Springs to Coachella
- Sinclair Oil has over 1,600 self-branded stations in more than 30 states
- Over 41,000 cars per day
Executive Summary
- Great corner location
- Signalized Intersection
- Sinclair Oil has over 1,600 self-branded stations in more than 30 states
- Significant traffic count of 41,165 cars per day
- Impressive demographics
- Across from heavily trafficked & vibrant Albertsons Shopping Center
- Close proximity to El Paseo (The Rodeo Drive of the Desert), Indian Wells Tennis Garden, and numerous hotels
- Three access drives provide ease of ingress and egress
Property Facts
Amenities
- Pylon Sign
- Signage
- Signalized Intersection
- Drive Thru
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease Type
- Lease End
- Guadalajara Cafe
- Retailer
- 1,385 SF
- -
- Triple Net
- -
- Mail Bag
- Professional, Scientific, and Technical Services
- 428 SF
- -
- Triple Net
- -
-
- Retailer
- 2,713 SF
- -
- Triple Net
- -
Sinclair is committed to creating products that help fill up the lives of their customers, their team and their country. A privately held, vertically integrated oil company, they're involved in all aspects of their industry, from oil and gas exploration to motor fuel distribution. They have executive offices in Salt Lake City, Utah; two refineries in Wyoming; and over 1,500 branded Sinclair stations in 29 states.
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease Type | Lease End | |
| Guadalajara Cafe | Retailer | 1,385 SF | - | Triple Net | - | |
| Mail Bag | Professional, Scientific, and Technical Services | 428 SF | - | Triple Net | - | |
|
|
Retailer | 2,713 SF | - | Triple Net | - |
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 625-095-012 | Improvements Assessment | $2,406,019 |
| Land Assessment | $1,531,102 | Total Assessment | $3,937,121 |
PROPERTY TAXES
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Gas Station w/ Convenience Store & Restaurant | 74478 Hwy 111
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