83191 State Highway 111 - Auto Repair FOR SALE


Indio, CA 92201
$1,495,818 USD
818-823-8967
83191 State Highway 111, Indio, CA for Sale
$1,495,818 USD
Auto Repair - FOR SALE
1/7
null | 5.63% Cap Rate

83191 State Highway 111
Indio, CA 92201


HIGHLIGHTS

  • AMERICAN TIRE DEPOT 10% INCREASE DEC 2026
  • ABSOLUTE NNN WITH 11+ YEARS REMAINING
  • CONTRACTUAL 10% RENT ADJUSTMENTS
  • FMV ADJUSTMENTS DECEMBER 2031
  • CORPORATE GUARANTEE | 4 REMAINING OPTIONS THROUGH 2055

OVERVIEW

American Tire Depot has a 10% rent increase in December 2026 and then 10% increase vs FMV in December 2031. The lease term has 12 years remaining. In addition, the lease has 4 options with three being 4-years and one 4-year. December 2026 NOI- $91,505 | December 2026 Cap Rate: 6.12%

FOR SALE DETAILS

PRICE

$1,495,818 USD

PRICE/SF

$166 USD /SF

CAP RATE

5.63%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1978

SPRINKLERS

-

PARKING SPACES

60

LAND DETAILS

LAND ACRES

1.39 AC

LAND SF

60,548 SF

ZONING

C3

APN/PARCEL ID

612-031-002

ASK ABOUT THIS PROPERTY

Edward MatevosianCBRE, Inc.More Info
818-823-8967

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Edward MatevosianCBRE, Inc.More Info
818-823-8967

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.