82608 Us Highway 111 - Fast Food FOR SALE
Indio, CA 92201 |
$2,500,000 USD
760-349-6711
82608 Us Highway 111
Indio, CA 92201
HIGHLIGHTS
- One of the Top-Performing Wienerschniztel Locations in the Chain: Top 19% in California and Nationwide (296 Locations)
- Single-Tenant Drive-Thru Restaurant: 60 years of operating history at the location | 15-year absolute NNN corporate lease
- Located in an Opportunity Zone: Investment may be eligible for preferential tax treatment or benefits
- Market-Rate and Affordable Housing Projects Under Development Nearby: Over 750 new housing units are in the planning and construction phase
- Located along the path from the Interstate 10 On/Off Ramps to the Coachella and Stagecoach Music Festivals
- Indio is the Largest and Fastest-Growing City in the Greater Palm Springs Area
FOR SALE DETAILS
PRICE
$2,500,000 USD
PRICE/SF
$1,420 USD /SF
CAP RATE
4.5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Wienerschnitzel | Indio, CA
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
ADD'L SUBTYPES
Freestanding, Restaurant
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1966
SPRINKLERS
-
PARKING SPACES
16
LAND DETAILS
LAND ACRES
0.45 AC
LAND SF
19,602 SF
ZONING
Highway 111 Corridor SP
APN/PARCEL ID
611-202-015
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760-349-6711
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760-349-6711
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