Faris Lee Investments is pleased to present the opportunity to acquire a corporate-guaranteed, long-term NNN investment located at 52152 Cesar Chavez Street in Coachella, California. The property is leased to the Mexican American Opportunity Foundation (M.A.O.F.) under a brand-new 10-year NNN lease featuring 3% annual rent increases and one (10-year) option to extend, providing investors with stable, inflation-protected income and minimal landlord responsibilities. The offering delivers an attractive combination of long-term stability, passive management, and a corporate guarantee from an established California institution.
Founded in 1963, M.A.O.F. is one of the largest nonprofit organizations in California, providing early education, childcare, and workforce training to more than 125,000 individuals annually. The organization operates 40 locations across seven counties in Southern California. It is one of the state’s largest nonprofits specializing in early education and daycare, with an annual operating budget of more than $140 million. Its programs are supported by recurring state and federal funding through Head Start and the California State Preschool Program, providing reliable and diversified revenue streams independent of consumer spending. With a 60-year track record and a mission-critical use, M.A.O.F. represents a financially sound, recession-resilient tenant offering essential community services.
The property is ideally positioned along Cesar Chavez Street, Coachella’s main retail and civic corridor, less than one mile from Highway 111 (approximately 12,900 VPD) and minutes from Interstate 10 (approximately 57,300 VPD), offering excellent regional connectivity. The surrounding trade area has experienced significant population growth, now exceeding 100,000 residents within five miles and projected to increase another 14 percent over the next decade. Average household income surpasses $95,000, and the young, family-oriented population base supports strong, enduring demand for childcare and education. Coachella’s growth is further reinforced by several major residential developments, including La Entrada (7,800 units), Coachella Village (352 units), and the Tripoli Mixed-Use Project (108 units plus retail), adding thousands of new homes and driving continued expansion in the area.