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82590 Hwy 111 - Plaza Paseo

2 Retail Properties Offered at $2,406,690 in Indio, CA

Investment Highlights

  • Leased multi-tenant retail buildings
  • Across from the Riverside County Fairgrounds
  • City of Indio is one of the fastest-growing cities in the Coachella Valley
  • Excellent Highway 111 visibility
  • Near the Indio Grand Marketplace, a redevelopment of Indio Mall that will be renovated as 400 residential units and hospitality
  • In Opportunity Zone, which provides potential tax incentives

Executive Summary

- Leased multi-tenant retail buildings
- Excellent Highway 111 visibility
- Across from the Riverside County Fairgrounds
- Near the Indio Grand Marketplace, a redevelopment of Indio Mall that will be renovated as 400 residential units and hospitality
- City of Indio is one of the fastest-growing cities in the Coachella Valley. Known as the City of Festivals host to the famous Coachella, Stagecoach and Desert Trip Music Festivals, it welcomes more than 1 million visitors each year
- In Opportunity Zone, which provides potential tax incentives
- Please do not disturb tenants!

Property Facts

Price $2,406,690
Price / SF $268.45 / SF
Cap Rate 5.62%
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 8,965 SF
Total Land Area 1.36 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
Bldg B
82590 Hwy 111, Indio, CA 92201
Retail 4,965 SF - -
Bldg A
82590 Hwy 111, Indio, CA 92201
Retail 4,000 SF - -
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  • Listing ID: 32707402

  • Date on Market: 8/6/2024

  • Last Updated:

  • Address: 82590 Hwy 111 - Plaza Paseo, Indio, CA

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