Desert Courtyards Multi-Tenant Medical Plaza

Office for Sale
Sale Pending
Catylist Listing ID: 30656368
Property Subtypes: Business Park, Medical, Office Building
Status: Pending
Building Size (RSF): 41,148 SF
Gross Building Area: See Agent
Gross Land Area: 4.44 Acres
Sale Price: $8,677,000
Unit Price: $210.87 PSF
Property Use Type: Investment
Building Name: Desert Courtyards
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: 7.0%
Last Updated: 4/2/2021

Overview / Comments

Prominent Multi-Tenant Medical Plaza anchored by Kaiser Permanente and located across from JFK Hospital. This is the dominant medical hub serving the entire East Coachella Valley. The project has 96% occupancy with notable tenants including Kaiser Permanente, County of Riverside, Indio Dental Surgery Center, United Physical Therapy & more! The property is located at a signalized intersection with frontage and access on Monroe Street and Doctor Carreon Blvd. The City of Indio is the fastest growing city in the Coachella Valley.

Attachments & Media

Additional Details

Nearest MSA: Riverside-San Bernardino-Ontario
County: Riverside
Tax ID/APN: 614-130-022,614-130-023,614-130-024,614-130-025,614-130-026,614-130-027,614-130-028,614-130-029
Year Built: 2006
Total Parking Spaces: 183

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 16,557 119,833 165,987
Median Age: 29.06 33.25 33.98
Households: 4,859 36,024 51,746


Sponsoring Organization

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