Lease Rate: $12,572/MO ($0.90/SF NNN)
Lease With Option to Purchase
Also Available for Sale: $1,680,000 ($120.27/SF)
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
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.