81850 Avenue 46 - Restaurant FOR SALE
Indio, CA 92201 |
$1,586,087 USD
858-222-3333
81850 Avenue 46
Indio, CA 92201
HIGHLIGHTS
- Absolute NNN Lease: A truly passive investment, with the tenant covering all expenses, including property taxes, insurance, repairs and maintenance.
- Opportunity to acquire a fully built restaurant property at a price below current construction costs.
- This well-established Pizza Hut location has operated continuously at the property since the building was constructed.
- Features a Hut Lane drive-thru for streamlined pickups, mobile orders, and third-party delivery access.
- The lease includes three 5-year renewal options, each adjusting to prevailing market rent (FMR), providing for income growth without any rent caps.
- Indio is a growing Coachella Valley hub, known for tourism, retail demand, and major events like Coachella and Stagecoach.
FOR SALE DETAILS
PRICE
$1,586,087 USD
PRICE/SF
$563 USD /SF
CAP RATE
5.75%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Pizza Hut NNN Leased Drive-Thru Restaurant
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
ADD'L SUBTYPES
Fast Food, Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1978
SPRINKLERS
-
PARKING SPACES
36
LAND DETAILS
LAND ACRES
0.73 AC
LAND SF
31,799 SF
ZONING
Mixed Use Commercial (MUC
APN/PARCEL ID
608-230-010,608-230-011
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858-222-3333
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858-222-3333
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