First Team Real Estate Logo

Indio, CA 92201 81703 California 111

$3,000,000

81703 California 111 Indio, Ca - Image 1
Presented By: Michelle Lebron with Coldwell Banker Realty; 949-258-2500
  • MLS# NP23211141
  • 11/14/2023
  • Request Tour
  • Request Info
  • FootageSQFT • 3,680

Home Details

Investors alert! Prime Opportunity: Own a piece of the bustling commercial real estate market. This is a management-free absolute triple net retail fast food that is now on the market. Stable cash-flow, creditworthy tenant "Wendy's the World's Third Largest Quick-Service Hamburger Company." A recession-resistant business, this property promises a hands-off, passive income stream that will diversify your portfolio, offering long-term financial stability. Construction completed early 2024.
Presented By: Michelle Lebron with Coldwell Banker Realty; 949-258-2500

Interior Features for 81703 California 111

Other Interior Features

Air Conditioning Y/NYes
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesNone
Total Stories1

Other Rooms

Entry Level1

General for 81703 California 111

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityIndio
Construction MaterialsConcrete
CoolingZoned
CountyRiverside
Days on Market169
Directions81703 CA-111
ElectricStandard
Garage Y/NNo
HOA / Comm AssnNo
HeatingZoned
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Lot Size Square Feet41818.0
MLS Area699 - Not Defined
MobileHomeRemainsYNNo
New ConstructionNo
Occupancy TypeTenant
Private PoolNo
Property Attached Y/NNo
Property Sub Type AdditionalRetail
Property SubTypeRetail
Property TypeCommercialSale
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Street NameCalifornia 111
UtilitiesElectricityConnected
View Y/NNo
Waterfront Y/NNo
Year Built2024
ZoningCommercial

Exterior for 81703 California 111

Building Area Total3680.0
Crops Included Y/NNo
FencingNone
Horse Y/NNo
InclusionsNOI $120, 000 | Cap Rate 4% with 10% Escalations every 5-Years.
Irrigation Water Rights Y/NNo
Lot FeaturesNearPublicTransit, StreetLevel
Lot Size Acres0.96
Lot Size Area41818.0
Lot Size UnitsSquareFeet
Open Parking Y/NNo
SpaNo
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $3,000,000
MLS#NP23211141
List Date 11/14/2023
Property Type Commercial
Phone 714.964.3311
Request Tour
Request Info
Visit My Website

Similar Properties to 81703 California 111

Ask A Question

CRMLS Compliance Statements & Disclaimers

*According to the National Association of Realtors