Indio Plaza is a 138,183 square foot Food 4 Less and dd’s Discounts anchored neighborhood shopping center located in the growing and densely populated Coachella Valley community of Indio, CA. The property is situated along the signalized intersection of California Highway 111 and Monroe Street, and benefits from strong traffic counts of over 46,900 vehicles per day along these thoroughfares. The offering presents the rare opportunity to acquire a seasoned grocery anchored shopping center featuring best-in-class anchor tenancy within a densely populated and growing Southern California submarket.
Indio Plaza features an 81% national and regional credit tenant base and is anchored by a strong performing 58,000 square foot (approximate) Food 4 Less grocer. Additional national and regional tenancy within the collateral includes dd’s Discounts (Ross Stores - BBB+ S&P Rating), Denny’s (freestanding pad), Subway, Flame Broiler, Sally Beauty, and Don Roberto Jewelers.