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.
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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 |
| Zoning: |
NEIGHBORHOOD COMMERCIAL |
| Year Built: |
2006 |
| Total Parking Spaces: |
183 |
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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