46020 Monroe St - Bank FOR SALE


Indio, CA 92201
$2,938,667 USD
760-610-3147
46020 Monroe St, Indio, CA for Sale
$2,938,667 USD
Bank - FOR SALE
1/11
null | 6.75% Cap Rate

46020 Monroe St
Indio, CA 92201


HIGHLIGHTS

  • Highway 111 is the primary east-west arterial serving Indio and the greater Coachella Valley, carrying substantial daily traffic and retail exposure.
  • The property benefits from direct access and visibility at Monroe Street, a major north-south thoroughfare connecting residential neighborhoods to emp
  • Wells Fargo is one of the largest U.S. banking institutions with a long operating history, national brand recognition, and deep market penetration.
  • Banking remains a mission-critical service within retail corridors, supporting long-term demand and tenancy.
  • The branch maintains over $155 million in deposits, underscoring strong customer engagement and branch-level performance.
  • The lease provides predictable cash flow with limited landlord responsibilities, appealing to both institutional and private capital.

OVERVIEW

CBRE is pleased to present the opportunity to acquire a single-tenant, net-leased investment occupied by Wells Fargo, one of the largest and most established financial institutions in the United States. The subject property is a freestanding bank branch located at 46020 Monroe Street in Indio, California, positioned along the highly trafficked Highway 111 corridor at Monroe Street—one of the city’s primary commercial intersections. The approximately 6,000 square foot building is situated on a ±11,430 square foot (0.26-acre) parcel and has operated continuously as a banking location for over 40 years, demonstrating long-term viability and entrenched market presence. The property features a drive-through ATM, dedicated on-site parking, and excellent visibility within the Indio Grand Marketplace retail node, adjacent to In-N-Out Burger and Chevron, two of the strongest traffic-driving retail uses in the region. This offering provides investors with stable, passive income backed by national credit, irreplaceable real estate fundamentals, and exposure to the Coachella Valley’s fastest-growing city.

FOR SALE DETAILS

PRICE

$2,938,667 USD

PRICE/SF

$742 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Wells Fargo Bank

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1976

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

C2

APN/PARCEL ID

614-020-004

ASK ABOUT THIS PROPERTY

760-610-3147

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760-610-3147

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