78945 Highway 111 - Freestanding FOR SALE
La Quinta, CA 92253 |
78945 Highway 111
La Quinta, CA 92253
HIGHLIGHTS
- Best in Class Credit STNL Investment – 36,876 SF retail building, leased to Amazon Retail, LLC, guaranteed by Amazon, Inc.
- Long Term Lease, Coupon Clipper Lease – Amazon Fresh is on a long-term 15- year NNN lease (13+ years remaining)
- Newly Renovated Building
- Significant Frontage, Visibility and Ease of Access – Washington Park boasts over ±2,300 linear feet of frontage along Highway 111
- Entertainment Hub – The Coachella Valley welcomes nearly 1 million attendees annually across two music festivals spanning the entire month of April
- High Traffic Location – Strong traffic counts of ±39,747 CPD along Hwy 111 and ±49,028 CPD at Washington St
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Amazon Fresh
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
ADD'L SUBTYPES
Supermarket
TOTAL BUILDING SIZE
36876
STORIES
1
YEAR BUILT
2004
SPRINKLERS
-
PARKING SPACES
250
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
643-020-046
