Cushman & Wakefield is pleased to exclusively offer for sale the completely rehabilitated, 19,846 sq. ft. state-of-the-art PACE facility located in La Quinta, California leased to WelbeHealth for 20 years with 10% rent increases every 5 years. WelbeHealth is a leading PACE (The Program of All-Inclusive Care for the Elderly) provider of full service healthcare and personalized support to help seniors age well at home and in their community, instead of at a nursing home. PACE, funded by Medicare and Medicaid, costs significantly less than institutional care and up to 40% less than placement in skilled nursing facilities. Of the 2.2 million PACE-eligible participants in the country, only 61,000 are enrolled in PACE, demonstrating massive growth potential in the program. The WelbeHealth property is strategically located on the southeast corner of Dune Palms Road and Corporate Centre Drive, immediately adjacent to the high-traffic intersection of Dune Palms Road and CA State Route 111 with combined traffic counts over 51,000 VPD. The surrounding demographics are excellent with over 76,800 population and an average household income of over $104,890 within 3 miles. California State Route 111 runs from Calexico to just northwest of Palm Springs where it converges with Interstate 10, providing greater access to the Los Angeles Metropolitan Area. Dune Palms Road is a thoroughfare that runs north-south from Ave 48, which runs along Rancho La Quinta Country Club, to Fred Waring Drive which runs through Heritage Palms Golf Club as well as a few other private clubs. The immediate area just north and south of CA SR 111 is home to a dense and growing commercial corridor with best-in-class anchor tenants including Walmart, Costco, Sprouts, Target, The Home Depot, Lowe’s and Trader Joe’s, surrounded by numerous new and existing, affluent residential developments. Major healthcare facilities nearby include the 476-bed full-service Eisenhower Health Medical Center, the 145-bed John F Kennedy Memorial Hospital, the 387-bed Desert Regional Health Main Campus, and Nova Medical Center. Other nearby notable tenants include Starbucks, In-n-Out, McDonald’s, Chipotle, Kohl’s, Wendy’s, Floor and Décor, Panera, and Hobby Lobby, to name a few. For more information visit www.https://welbehealth.com/.com