Pad 9 Washington Park

Vacant Land for Sale
Catylist Listing ID: 29662834
Property Subtypes: Retail-Pad
Gross Land Area: 55,145 SF
Sale Price: $1,544,060
Unit Price: $28 PSF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/8/2018

Overview / Comments

High profile pad located at the intersection of Washington Street and Avenue 47. In the heart of La Quinta's commercial district and close to the Indian Wells Tennis Garden. In front of the new 12 screen Century Theatres building that will open in the fall of 2015. Shopping center co-tenants include Target, Stein Mart, Cost Plus World Market, Trader Joe's, Lumpy's Golf. The property is restricted to a single tenant, sit down restaurant. Maximum size is approximately 6,853 s.f. plus patio area. Site will be delivered with bldg pad rough graded, parking lot, curbs, gutters installed. Contribution of $352,377 required for on-off site costs.

Attachments & Media

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: Washington Street and La Quinta Center Drive
Side of Street: South
Road Type: Paved
Property Visibility: Excellent
Legal Description: To be determined
Largest Nearby Street: Highway 111
Feet of Frontage: 520
Traffic/Vehicle Count: 42,000
Transportation: Bus, Highway, Airport, Taxi
Highway Access: Two blocks south of Highway 111 and 3.2 miles south of I-10
Airports: Palm Springs International, Jacqueline Cochran, Bermuda Dunes
Site Description: Level, slightly elevated lot at the signalized intersection of Washington Street and Avenue 47 in the heart of La Quinta's shopping district.
Area Description: Upscale residential neighborhoods, churches, schools. Close to Indian Wells Tennis Garden. Prime shopping area of La Quinta.
Lot Frontage: 520
Lot Depth: 150
Zoning Description: CR Regional Commercial
Topography: Level
Easements: Ingress/Egress
Easements Description: Cross access, parking with adjacent properties.
Soil Type: Sandy
Available Utilities: Electric, Water, Gas, Sewer, Storm Drain, Cable
Water Service: Other
Sewer Type: Other

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,346 70,201 160,543
Median Age: 47.99 39.65 39.13
Households: 3,006 25,683 57,420

Sponsoring Organization

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