FORMER FRESH & EASY NEIGHBORHOOD SUPERMARKET

13,969 SF Freestanding Retail Building, Indio

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Features

  • Priced Significantly Below Replacement Cost
  • Ideal for restaurants, retail, offices or medical
  • Prime area of robust residential, retail and commercial growth
  • Owner user or value add opportunity
  • Superior Design & Construction
  • Anchored by Walgreens with shared ingress & egress
  • Large Open Floor Plan
  • Over 160,000 people within five mile radius
  • Peforma Cap Rate – 10%

Lease Rate: $12,572/MO ($0.90/SF NNN)

                              Lease With Option to Purchase

Also Available for Sale: $1,680,000 ($120.27/SF)

COACHELLA VALLEY

VICINITY MAP​

SITE PLAN & FLOOR PLAN

coachella valley real estate

SITE AMENITIES​

  • Location: The property is located on the south side of Avenue 48, just west of Jackson St. in the city of Indio.
  • Zoning: Indian Palms PMP (Neighborhood Commercial)    
  • General Plan: Community Commercial (General Plan 2040: Proposed Neighborhood Center)
  • Building Size: 13,969 SF
  • Improvements: Two ADA restrooms, employee breakroom, loading dock
  • Year Built: 2009 ■ Ceiling Height: 20’
  • Parcel Size: 1.27 Acres  ■ APN: 614-340-019
  • Utilities: Electrical: 400 AMPS
  • Current Use: Vacant Building, Former Fresh & Easy
  • Parking: 60 Spaces (4.30 per 1,000 s/f)
  • Traffic Count: Ave. 48: 17,157 & Jackson St.: 14,601 average cars per day
  • Adjacent Use:  Walgreens, Coachella Valley Volunteers in Medicine & Riverside County Social Services. 
  • Comments: Surrounded by some of the largest national retail tenants.  Such as Walgreens, Subway, McDonalds, Starbucks, Bank of American and Walmart Neighborhood Market.  A unique opportunity to acquire a former Fresh & Easy Supermarket and below replacement cost.

Ability to convert up to 5 stores

111819dm

DISCLAIMER: The information above has been obtained from sources believed reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warrant or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions assumptions or estimates used are for example only, and do not represent the current or future performance of the property.

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Paula Turner, Broker
paula@dppllc.com
Mobile 760-578-6564
Office 760-360-8200
DRE #00702492

Contact our Team for more details

coachella valley real estate

Ranked #1 in the Coachella Valley
for Commercial Real Estate

farm land for sale

Susan Harvey, Owner
susan@dppllc.com
Mobile 760-250-8992
Office 760-360-8200
DRE License #00957590