46-630 Washington Street
Retail-Commercial
for Lease
| Catylist Listing ID: |
29972504 |
| Property Subtypes: |
Street Retail
|
| Contiguous Space: |
6,011 SF |
| Building Size (RSF): |
6,011 SF |
| Gross Building Area: |
12,022 SF |
| Gross Land Area: |
1 - 1.20 Acres
|
| Lease Rate: |
$1.75 - 2 PSF (Monthly)
$21 - 24 PSF (Annual)
|
| Base Monthly Rent: |
$10,519 - 12,022 |
| Lease Types: |
NNN |
| Ceiling: |
14 ft. |
| Building Name: |
46-630 Washington Street |
| Usable Size (USF): |
6,011 SF |
| Last Updated: |
8/26/2019 |
Overview / Comments
This is part of the former Lumpy's Golf store in the Washington Park shopping center in La Quinta, CA. Excellent visibility, access, parking, and signage. The building is being subdivided into two suites. Marvyn's Magic Cabaret will open in the northern half of the building in the spring of 2019. A new front will be placed on the building with separate entrances for each of the tenants.
This is an excellent location opportunity for a retail store. The space could be converted for restaurant use, as well.
|
| Level/Floor: |
1 |
| Space Available: |
6,011 SF |
| Lease Rate: |
$1.75 - 2 PSF (Monthly)
$21 - 24 PSF (Annual)
$10,519 - 12,022 (Monthly)
|
| Lease Type: |
NNN |
| Space Description: |
Southern half of the former Lumpy's Golf store building. The available space can be utilized as retail or theme restaurant/sports bar. Large, open sales area. Great visibility, parking, and access. Close to new Century Theatres facilities. Owners are installing a new storefront on the building to accommodate two tenants. A live magic theatre will be occupying the northern half of the building, with a February, 2019 opening planned for that tenant. |
| Space Subcategory: |
Power Center, Mixed Use |
| Date Available: |
5/19/2016 |
| Lease Term: |
60 Months |
| Space Type: |
Relet |
| Offices |
3 |
| Kitchen |
Yes |
| Parking Spaces |
100 |
| Tax Expenses |
$12,960 PSF (Annual) |
| Operating Expenses |
$4,320 PSF (Annual) |
| CAM Expenses |
$13,680 PSF (Annual) |
| Rent Escalators |
Step-Up Lease |
| Rent Escalators Description |
3% annual increases |
| Rent Concession |
Negotiable |
Additional Details
| Nearest MSA: |
Riverside-San Bernardino-Ontario |
| County: |
Riverside |
| Taxing Authority: |
Riverside County California |
| Tax ID/APN: |
643-020-062 |
| Zoning: |
REGIONAL COMMERCIAL |
| Retail Clientele: |
General |
| Property Located Between: |
Washington Street and Adams Street |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
Highway 111 |
| Feet of Frontage: |
200 |
| Traffic/Vehicle Count: |
42,000 |
| Highway Access: |
Highway 111 one block north, I-10 three miles north |
| Airports: |
Palm Springs International, Jacqueline Cochran, Bermuda Dunes |
| Site Description: |
Power shopping center featuring Target, Lowe's, Stein Mart, Cost Plus World Market, Trader Joe's, TJ Maxx, Ulta, Century Theatres. |
| Area Description: |
In the heart of La Quinta's retail corridor. Close to the Indian Wells Tennis Gardens. Upscale market. |
| Tenancy: |
Single Tenant |
| Total Number of Buildings: |
1 |
| Number of Stories: |
1 |
| Typical SF / Floor: |
12,000 SF |
| Property Condition: |
Excellent |
| Year Built: |
2006 |
| Year Renovated: |
2018 |
| Roof Type: |
Flat |
| Construction/Siding: |
Stucco |
| Exterior Description: |
Stucco and stacked rock walls. |
| Total Parking Spaces: |
100 |
| Parking Ratio: |
5.5 (per 1000 SF) |
| Parking Type: |
Surface |
| Parking Description: |
Asphalt parking with landscaped islands. |
| Sprinklers: |
Wet |
| Heat Type: |
Electricity |
| Heat Source: |
Heat Pump |
| Air Conditioning: |
Package Unit |
| Internet Access: |
Cable |
| Interior Description: |
Totally open and ready for Tenant Improvements |
| Zoning Description: |
Regional commercial |
| Lot Frontage: |
200 |
| Lot Depth: |
200 |
| Water Service: |
Other |
| Sewer Type: |
Other |
| Easements: |
Utilities |
| Easements Description: |
Normal shopping center utility easements |
| Legal Description: |
Parcel Map 32683-3, Parcel 5. APN 643-020-062 |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
4,563 |
68,294 |
156,284 |
| Median Age: |
45.03 |
42.26 |
40.11 |
| Households: |
1,830 |
26,344 |
57,536 |
Sponsoring Organization
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