82451 Highway 111 - Drug Store FOR SALE
Indio, CA 92201 |
82451 Highway 111
Indio, CA 92201
HIGHLIGHTS
- Rite Aid is a Strong Tenant: Publicly traded(NYSE: RAD), S&P rated “B”, Fortune 500 company
- Long-term, NNN Lease: Seven more years on the lease with Rite Aid corporate guarantee and 5% increases every 5 years
- Excellent Visibility on Highway 111, Indio’s main retail corridor
- Signalized, hard corner intersection with 20,444 VPD
- City of Festivals: Indio receives 1.4 million visitors annually and is the fastest growing city in Greater Palm Springs
FOR SALE DETAILS
PRICE
-
CAP RATE
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% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Bldg C
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Drug Store
ADD'L SUBTYPES
Freestanding, Storefront
TOTAL BUILDING SIZE
17272
STORIES
1
YEAR BUILT
2008
SPRINKLERS
-
PARKING SPACES
20
LAND DETAILS
LAND ACRES
-
LAND SF
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ZONING
-
APN/PARCEL ID
614-031-018
