44680 Jackson St - Storefront Retail/Office FOR SALE


Indio, CA 92201
$2,360,000 USD
760-610-3147
44680 Jackson St, Indio, CA for Sale
$2,360,000 USD
Storefront Retail/Office - FOR SALE
1/8
null | 6% Cap Rate

44680 Jackson St
Indio, CA 92201


OVERVIEW

CBRE is pleased to present the opportunity to acquire 44680 Jackson Street, a fully leased, ±9,200 square foot two-tenant retail asset in the heart of Indio, California. The property is strategically located at the high-visibility intersection of Jackson Street and Avenue 44, within one of the city’s most active commercial corridors and less than one mile from both Interstate 10 and Highway 111. The center is anchored by Aaron’s (8,000 SF), a national, publicly traded lease-to-own retailer operating over 1,200 stores across the U.S. and Canada. Aaron’s has been at this location since 2006, and recently exercised a five-year option 18 months ahead of schedule, signaling a strong commitment to the site. The lease includes a corporate guaranty. The secondary tenant, MS Flooring (1,200 SF), has operated continuously at the property since 2009 under a true NNN lease, providing reliable, passive income.

FOR SALE DETAILS

PRICE

$2,360,000 USD

PRICE/SF

$257 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Freestanding, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2010

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

CROSS STREETS

Lupine Ave.

LAND ACRES

0.72 AC

LAND SF

31,363 SF

ZONING

RC

APN/PARCEL ID

611-282-037

ASK ABOUT THIS PROPERTY

760-610-3147

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760-610-3147

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.