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.