Former Fresh & Easy, Indio CA

Retail-Commercial for Lease
Also listed as Shopping Center
Catylist Listing ID: 30610619
Property Subtypes: Free-Standing Building
Contiguous Space: 13,969 SF
Building Size (RSF): 13,969 SF
Gross Building Area: See Agent
Gross Land Area: 1.27 Acres
Lease Rate: $0.90 PSF (Monthly)
$10.80 PSF (Annual)
Base Monthly Rent: $12,572
Lease Types: NNN
Building Name: Former Fresh & Easy
Last Updated: 5/19/2020

Overview / Comments

■ Priced Significantly Below Replacement Cost
■ Ideal for restaurants, retail, offices or medical
■ Prime area of robust residential, retail and
commercial growth
■ Owner user or value add opportunity
■ Superior Design & Construction
■ Anchored by Walgreens with shared ingress & egress
■ Large Open Floor Plan
■ Over 160,000 people within five mile radius
■ Performa Cap Rate - 10%
■ Also For Lease: $0.90/SF NNN / Lease with option to purchase

Expand All Available Space

Suite: 1 13,969 SF $0.90 PSF (Monthly) NNN
Space Available: 13,969 SF
Lease Rate: $0.90 PSF (Monthly)
$10.80 PSF (Annual)
$12,572 (Monthly)
Lease Type: NNN
Date Available: 5/19/2020
Space Type: Relet
Parking Spaces 60
CAM Expenses $0 PSF (Annual)

Additional Details

Nearest MSA: Riverside-San Bernardino-Ontario
County: Riverside
Taxing Authority: Riverside County Tax Assessor
Tax ID/APN: 614-340-019
Zoning: INDIAN PALMS PMP (NEIGHBORHOOD COMMERCIAL)
Property Located Between: West Jackson St./South Ave 48
Property Visibility: Excellent
Largest Nearby Street: Jackson St./Avenue 48
Feet of Frontage: 189
Traffic/Vehicle Count: 17,157
Area Description: Surrounded by some of the largest national retail tenants. Such as Walgreens, Subway, McDonalds, Starbucks, Bank of American and Walmart Neighborhood Market. A unique opportunity to acquire a former Fresh & Easy Supermarket and below replacement cost.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 2009
Total Parking Spaces: 60
Parking Ratio: 4.3 (per 1000 SF)
Parking Description: 4.30 per 1,000 s/f
Part of Planned Development?: Yes
Lot Frontage: 189
Lot Depth: 246
Water Service: Municipal
Sewer Type: Municipal
Easements: Ingress/Egress

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 23,751 104,345 151,176
Median Age: 29.12 29.71 33.5
Households: 6,298 28,287 45,956

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