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38k Cars/day Auto Corner 421 Feet of Frontage 83500 Hwy 111
6,000 SF 100% Leased Retail Building Indio, CA 92201 $1,600,000 ($267/SF)
Investment Highlights
- 38,333 SF Signalized Corner Lot with over 38k Cars/day
- Potential Development for Double Stacked Drive-thru for 18 Cars and Retail Pad of 4,000 SF
- Within Blocks of Brand New 346 Unit Palmera Development, new Starbucks & New City Hall
- Existing 1,400 SF Automotive Building
- Excellent Exposure: Approx. 421 Feet of Frontage
- 2 Blocks from Thomas Jefferson Middle School
Executive Summary
OFFERING SUMMARY: 83500 Hwy 111 in Indio, CA offers an investor the option of either an existing automotive repair property or developing an 18 car double stacked drive-thru pad site of approx. 1,500-2,000 SF and an approx. 4,000 SF retail pad. The property offers excellent visibility with over 421 feet of frontage, on the signalized corner of Hwy 111 & Indio Blvd with over 38k cars/day on the corner.
The property has access from both sides, either Hwy 111 or Indio Blvd. Indio, part of the Indio, Cathedral City, Palm Springs metro area has seen a 73% increase in population since 2000 and continues to grow at over 4 times faster the national average.
DEMOGRAPHICS: 156,000 Residents within 5 miles with an average income over $80,000 per year. -73% Increase in Indio Population since 2000.
FOR SALE: $1,600,000, - 1,400 SF Building on 38,333 SF Lot
FOR LEASE: Contact Brokers to Discuss the Drive-thru Pad or Retail Pad
Data Room Click Here to Access
Property Facts
Amenities
- Pylon Sign
- Signage
Space Availability
- Space
- Size
- Space Use
- Position
- Available
83500 Hwy 111 in Indio, CA offers tenants the option of either an 18 car double stacked drive-thru pad site of approx. 1,500-2,000 SF or an approx. 4,000 SF retail pad. The property offers excellent visibility with over 421 feet of frontage, on the signalized corner of Hwy 111 & Indio Blvd with over 38k cars/day on the corner. The property has access from both sides, either Hwy 111 or Indio Blvd. Indio, part of the Indio, Cathedral City, Palm Springs metro area has seen a 73% increase in population since 2000 and continues to grow at over 4 times faster the national average.
83500 Hwy 111 in Indio, CA offers tenants the option of either an 18 car double stacked drive-thru pad site of approx. 1,500-2,000 SF or an approx. 4,000 SF retail pad. The property offers excellent visibility with over 421 feet of frontage, on the signalized corner of Hwy 111 & Indio Blvd with over 38k cars/day on the corner. The property has access from both sides, either Hwy 111 or Indio Blvd. Indio, part of the Indio, Cathedral City, Palm Springs metro area has seen a 73% increase in population since 2000 and continues to grow at over 4 times faster the national average.
| Space | Size | Space Use | Position | Available |
| Pad 1 | 3,500-4,000 SF | Retail | Outparcel | 60 Days |
| Pad 2 | 1,500-2,000 SF | Retail | Outparcel | 30 Days |
Pad 1
| Size |
| 3,500-4,000 SF |
| Space Use |
| Retail |
| Position |
| Outparcel |
| Available |
| 60 Days |
Pad 2
| Size |
| 1,500-2,000 SF |
| Space Use |
| Retail |
| Position |
| Outparcel |
| Available |
| 30 Days |
Pad 1
| Size | 3,500-4,000 SF |
| Space Use | Retail |
| Position | Outparcel |
| Available | 60 Days |
83500 Hwy 111 in Indio, CA offers tenants the option of either an 18 car double stacked drive-thru pad site of approx. 1,500-2,000 SF or an approx. 4,000 SF retail pad. The property offers excellent visibility with over 421 feet of frontage, on the signalized corner of Hwy 111 & Indio Blvd with over 38k cars/day on the corner. The property has access from both sides, either Hwy 111 or Indio Blvd. Indio, part of the Indio, Cathedral City, Palm Springs metro area has seen a 73% increase in population since 2000 and continues to grow at over 4 times faster the national average.
Pad 2
| Size | 1,500-2,000 SF |
| Space Use | Retail |
| Position | Outparcel |
| Available | 30 Days |
83500 Hwy 111 in Indio, CA offers tenants the option of either an 18 car double stacked drive-thru pad site of approx. 1,500-2,000 SF or an approx. 4,000 SF retail pad. The property offers excellent visibility with over 421 feet of frontage, on the signalized corner of Hwy 111 & Indio Blvd with over 38k cars/day on the corner. The property has access from both sides, either Hwy 111 or Indio Blvd. Indio, part of the Indio, Cathedral City, Palm Springs metro area has seen a 73% increase in population since 2000 and continues to grow at over 4 times faster the national average.
Nearby Major Retailers
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $753,693 | |
| Land Assessment | $402,598 | Total Assessment | $1,156,291 |
PROPERTY TAXES
Presented by
38k Cars/day Auto Corner 421 Feet of Frontage | 83500 Hwy 111
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