One Eleven LQ Pad

Retail-Commercial for Lease
Catylist Listing ID: 30179630
Property Subtypes: Retail-Pad
Contiguous Space: 1,200 SF
Building Size (RSF): 5,534 SF
Gross Land Area: 0.69 Acres
Lease Rate: $2.32 PSF (Monthly)
$27.84 PSF (Annual)
Base Monthly Rent: $2,784
Lease Types: NNN
Ceiling: 10 ft.
Building Name: 78742 Hwy 111
Usable Size (USF): 1,200 SF
Core Factor: 0.01%
Last Updated: 9/24/2018

Overview / Comments

Interior space in a multiple tenant pad building located at the intersection of Hwy. 111 and Simon Drive, across Hwy. 111 from In-N-Out Burgers. Co-tenants are Pokehanna and a Nail Salon. Shopping center includes Stater Bros., Ross, Big 5, Kohl's, MOR Furniture, Hobby Lobby and Petco and anchor tenants. Signage available on both the front and back sides of the space. Signalized entrance/exit to Hwy. 111 adjacent to the building.

Expand All Available Space

Suite: B 1,200 SF $2.32 PSF (Monthly) NNN
Space Available: 1,200 SF
Lease Rate: $2.32 PSF (Monthly)
$27.84 PSF (Annual)
$2,784 (Monthly)
Lease Type: NNN
Space Description: 1,200 s.f. space located in a three tenant building at the intersection of Hwy. 111 and Simon Drive. Co-tenants are Pokehanna and a nail salon. Current tenant is a taekwondo studio that is on a month to month tenancy.
Space Subcategory: Power Center, Community Center
Date Available: 1/2/2018
Lease Term: 60 Months
Space Type: Relet
CAM Expenses $7,920 PSF (Annual)
Rent Escalators Step-Up Lease
Rent Escalators Description 2.5% annual increases
Rent Concession Negotiable

Additional Details

Nearest MSA: Riverside-San Bernardino-Ontario
County: Riverside
Taxing Authority: Riverside County California
Tax ID/APN: 643-220-016
Zoning: CC
Retail Clientele: Family, Tourist
Property Located Between: Washington Street and Simon Drive
Property Visibility: Excellent
Largest Nearby Street: Highway 11
Feet of Frontage: 300
Traffic/Vehicle Count: 33,000
Highway Access: Highway 111 has a signalized entrance to the shopping center adjacent to the pad building.
Airports: Palm Springs International, Jacqueline Cochran, Bermuda Dunes
Site Description: Pad site in the One Eleven La Quinta shopping center, anchored by Stater Brothers, Ross, Staples, Kohl's, and Petco,
Area Description: In the heart of retail in La Quinta, which reaches along Highway 111 from Washington Street to Jefferson Street.
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 5,534 SF
Property Condition: Good
Year Built: 2004
Roof Type: Flat
Construction/Siding: Wood Frame
Exterior Description: Stucco
Total Parking Spaces: 50
Parking Ratio: 5 (per 1000 SF)
Parking Type: Surface
Parking Description: Asphalt parking. the property has paring rights on the adjacent shopping center parking lot, too.
Sprinklers: Wet
Heat Type: Electricity
Heat Source: Heat Pump
Air Conditioning: Package Unit
Internet Access: Cable
Interior Description: Currently open, as the tenant is a Tae Kwon Do studio. Has a restroom
Zoning Description: CC
Lot Frontage: 300
Lot Depth: 100
Water Service: Municipal
Sewer Type: Municipal
Easements: Ingress/Egress
Easements Description: Access easement and parking easement with the adjacent shopping center.
Legal Description: APN 643-220-016

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