NNN Lease | 100% Occupancy | Owner Finance 82280 Highway 111

82280 Highway 111 , Indio, California, 92201 | 10,002 sq.f | $ 3,400,000

Card image
Card image
Card image

About This Restaurant

Investment Highlights

High Visibility Off Major Street - Highway 111 Freestanding Property On Corner Lot Asset Located In Opportunity Zone Internet-Resistant Tenants 3 Miles From Coachella And Major Music Festivals Venue 100% Leased To Seven Tenants - Three Nationwide Brands

Executive Summary

Property Details

  • Sale Type    Investment
  • Property Type    Retail
  • Property Subtype    Freestanding Freestanding General Retail Restaurant General Retail Storefront Freestanding
  • Building Size    10,002
  • Building Class    C
  • Year Built    1993
  • Price    3,400,000
  • Price Per SF    340
  • Cap Rate    6.19
  • NOI    210,506
  • Percent Leased    100
  • Tenancy    Multiple
  • Building Height    1 Story
  • Building FAR    0.25
  • Land Acres    0.92 AC
  • Opportunity Zone    Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Amenities

  • Signage
  • Signalized Intersection

Nearby Amenities & Transportation

Retail Denny's
Retail Jack In The Box
Retail Flame Broiler
Retail Chase Bank
Retail U.S. Bank
Retail Sizzler
Retail Dutch Bros
Retail Mechanics Bank
Retail Bank of America
Retail Farmer Boys

Property Taxes

Parcel Number 611-110-038 Improvements Assessment $536,099
Land Assessment $2,144,403 Total Assessment $2,680,502
Date Created: 2024-07-16 04:09:25 Last Updated: 2024-07-16 04:09:25
Address: 82280 Highway 111 , Indio, California, 92201