Burger Box | 81201 Indio Blvd
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Burger Box 81201 Indio Blvd
96,106 SF Retail Building Indio, CA 92201 $1,950,000 ($20/SF)
Investment Highlights
- 5.53 Acres Redevelopment Opportunity
- First Time to Market
- Convenience Store and Walk-up Restaurant
- 9- IID Electric Meters
Executive Summary
The 5.53-acre property is located at 81-201 to 81-211 Indio Blvd., Indio, California. Formerly a Texaco station* in the 1950's with a walk-up fast-food business 'Burger Box'. The property consists of four buildings, a Billboard and 5 contractors' yards. Three of the buildings are leased to automotive related businesses and the other is home to the iconic 1954 Burger Box walk-up restaurant. The four buildings total +/-8,656 sq. ft. all located on a large 5.53-acre, single APN parcel. The site also has a large open area, which would be ideal for additional contractor's yards or future development. FAR-1.0/55'/3 stories. (see attached zoning ordinance for all information). Property served by septic system installed in 2022. All buildings separately metered. 1 water meter on site.
The sale also comes with the Burger Box restaurant and all fixtures.
All tenants are on a month-to-month except The Tire House, all monthly rental income totals $9,083.
Buyer to do its own due diligence.
Zoned Light Industrial; R&D, office uses, Industrial Parks, light manufacturing, warehouse and distribution (see attached zoning). Wilson Meade does not guarantee its accuracy but believe we have secured the information from reliable sources. See attached OM for all information.
The sale also comes with the Burger Box restaurant and all fixtures.
All tenants are on a month-to-month except The Tire House, all monthly rental income totals $9,083.
Buyer to do its own due diligence.
Zoned Light Industrial; R&D, office uses, Industrial Parks, light manufacturing, warehouse and distribution (see attached zoning). Wilson Meade does not guarantee its accuracy but believe we have secured the information from reliable sources. See attached OM for all information.
Financial Summary (Actual - 2023) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$108,996
|
$12.59
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$108,996
|
$12.59
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$350
|
$0.04
|
| Net Operating Income |
$108,646
|
$12.55
|
Financial Summary (Actual - 2023)
| Gross Rental Income | |
|---|---|
| Annual | $108,996 |
| Annual Per SF | $12.59 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $108,996 |
| Annual Per SF | $12.59 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $350 |
| Annual Per SF | $0.04 |
| Net Operating Income | |
|---|---|
| Annual | $108,646 |
| Annual Per SF | $12.55 |
Property Facts In Escrow
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
96,106 SF
Building Class
C
Year Built
1973
Price
$1,950,000
Price Per SF
$20
Tenancy
Single
Building Height
1 Story
Building FAR
0.40
Lot Size
5.53 AC
Zoning
I-L Light Industrial - IL-provide a wide diversity of light industrial and service commercial uses in areas uses are not likely to have adverse effects upon each other.
Parking
15 Spaces (1.73 Spaces per 1,000 SF Leased)
Frontage
300 FT on Indio Blvd
Amenities
- Fenced Lot
- Pylon Sign
- Restaurant
- Storage Space
- Air Conditioning
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease Type
- Lease End
- Buena Vista Pools
- Services
- 17,625 SF
- $0.05
- Modified Gross
- -
- Dominguez
- Construction
- 960 SF
- $0.10
- Modified Gross
- -
- JL Garage Doors
- Construction
- 13,440 SF
- $0.07
- Modified Gross
- -
- Martin Sweeping
- Services
- 17,625 SF
- $0.05
- Modified Gross
- -
- Realistic auto Body
- Services
- 3,564 SF
- $0.28
- Modified Gross
- -
- Realistic Transmission
- Services
- 2,776 SF
- $0.64
- Modified Gross
- -
- Salazar Drywall
- Construction
- 18,200 SF
- $0.03
- Modified Gross
- -
- The Tire House
- Services
- 1,115 SF
- $1.97
- Modified Gross
- -
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease Type | Lease End | |
| Buena Vista Pools | Services | 17,625 SF | $0.05 | Modified Gross | - | |
| Dominguez | Construction | 960 SF | $0.10 | Modified Gross | - | |
| JL Garage Doors | Construction | 13,440 SF | $0.07 | Modified Gross | - | |
| Martin Sweeping | Services | 17,625 SF | $0.05 | Modified Gross | - | |
| Realistic auto Body | Services | 3,564 SF | $0.28 | Modified Gross | - | |
| Realistic Transmission | Services | 2,776 SF | $0.64 | Modified Gross | - | |
| Salazar Drywall | Construction | 18,200 SF | $0.03 | Modified Gross | - | |
| The Tire House | Services | 1,115 SF | $1.97 | Modified Gross | - |
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 610-030-028 | Improvements Assessment | $161,528 |
| Land Assessment | $91,007 | Total Assessment | $252,535 |
PROPERTY TAXES
Parcel Number
610-030-028
Land Assessment
$91,007
Improvements Assessment
$161,528
Total Assessment
$252,535
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Burger Box | 81201 Indio Blvd
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