42350 Jefferson St - Fast Food FOR SALE


Indio, CA 92201
$2,796,600 USD
310-740-2051
42350 Jefferson St, Indio, CA for Sale
$2,796,600 USD
Fast Food - FOR SALE
1/10
null | 5% Cap Rate

42350 Jefferson St
Indio, CA 92201


HIGHLIGHTS

  • Located on a high-traffic street with excellent visibility for businesses.
  • Offers Triple Net (NNN) lease, ensuring minimal landlord responsibilities.
  • Surrounded by growing commercial and residential developments.
  • Close to major amenities, enhancing tenant and customer convenience.

OVERVIEW

2018 Construction • 10 Year Absolute NNN Lease to commence on close of escrow • Guarantor: 30-Unit Franchisee Operator • 10% Increases Every 5 Years Throughout Primary Term and Option Periods

FOR SALE DETAILS

PRICE

$2,796,600 USD

PRICE/SF

$1,201 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

SONIC

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2018

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.91 AC

LAND SF

39,640 SF

ZONING

C11

APN/PARCEL ID

606-060-030

ASK ABOUT THIS PROPERTY

Nitti KaurA360 Capital Real Estate & Business AdvisoryMore Info
310-740-2051

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Nitti KaurA360 Capital Real Estate & Business AdvisoryMore Info
310-740-2051

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