Pad 7 Washington Park

Vacant Land for Sale
Catylist Listing ID: 29662818
Property Subtypes: Retail-Pad
Gross Land Area: 48,072 SF
Sale Price: $1,442,160
Unit Price: $30 PSF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/21/2022

Overview / Comments

Highly visible Washington Street Pad for upscale sit-down restaurant, with patio. Can build up to 5,974 s.f. bldg. Located at the prime driveway leading to the new 12 screen Century Theatres, which will open in 2015. Delivery condition will include grading, paving, parking lot lighting. Additional cost of $307,180 for on-off site costs.

Additional Details

Nearest MSA: Riverside-San Bernardino-Ontario
County: Riverside
Taxing Authority: Riverside County
Tax ID/APN: Not Assigned
Market Type: Small
Property Located Between: Simon Drive and Avenue 47
Side of Street: East
Road Type: Paved
Property Visibility: Excellent
Legal Description: To be provided.
Largest Nearby Street: Highway 111
Feet of Frontage: 235
Traffic/Vehicle Count: 42,000
Transportation: Bus, Highway, Airport
Highway Access: Two blocks south of Hwy. 111; 3.2 miles south of I-10
Airports: Palm Springs International, Jacqueline Cochran, Bermuda Dunes
Site Description: Prepared pad site located at the Washington Street entrance to the Washington Park shopping center. Closest pad to Century Theatres. Parking lot, perimeter landscaping, utilities already installed. High visibility and high traffic count.
Area Description: Commercial Hub of La Quinta. Located in a power center anchored by Target Lowe's, TJ Maxx, Ulta, Cost Plus World Market, Stein Mart, Trader Joe's and Century Theatres.
Lot Frontage: 235
Lot Depth: 150
Zoning Description: CR Regional Commercial. Through entitlements, the use is restricted to full service, sit down restaurants.
Part of Planned Development?: Yes
Development Name: Washington Park Shopping Center
Topography: Level
Easements: Ingress/Egress
Easements Description: Reciprocal parking and ingress/egress easements with adjoining restaurants, theatre, and shops.
Soil Type: Sandy
Available Utilities: Electric, Water, Gas, Sewer, Storm Drain, Cable
Water Service: Other
Sewer Type: Other

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,563 68,032 153,859
Median Age: 45.03 43.76 40.8
Households: 1,830 26,898 57,456

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