PLEASE SEE ATTACHED MARKETING PACKAGE FOR FULL INFORMATION:
OFFERING SUMMARY: 83500 Hwy 111 in Indio, CA offers an investor the option of either an existing automotive repair property or developing an 18 car double stacked drive-thru pad site of approx. 1,500-2,000 SF and an approx. 4,000 SF retail pad. The property offers excellent visibility with over 421 feet of frontage, on the signalized corner of Hwy 111 & Indio Blvd with over 38k cars/day on the corner.
The property has access from both sides, either Hwy 111 or Indio Blvd. Indio, part of the Indio, Cathedral City, Palm Springs metro area has seen a 73% increase in population since 2000 and continues to grow at over 4 times faster the national average.
DEMOGRAPHICS: 156,000 Residents within 5 miles with an average income over $80,000 per year. -73% Increase in Indio Population since 2000.
FOR SALE: $1,600,000, - 1,400 SF Building on 38,333 SF Lot
FOR LEASE: Contact Brokers to Discuss the Drive-thru Pad or Retail Pad