81703 California 111 Indio, CA ^$ 3,000,000

81703 California 111

^$ 3,000,000

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81703 California 111

Indio, CA, 92201

^$ 3,000,000

Studio Baths0.0 Sq 3,680

Monthly Estimate*

^$ 19,939

Listed by Coldwell Banker Realty

81703 California 111, Indio, CA 92201 - Image 1

81703 California 111, Indio, CA 92201 - Image 2

81703 California 111, Indio, CA 92201 - Image 3

81703 California 111, Indio, CA 92201 - Image 4

81703 California 111, Indio, CA 92201 - Image 5

Studio

Commercial Property for sale in Indio, CA

for $3,000,000. This 3,680 square foot building was built in 2024 on a lot size of 0.96.

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.

Commercial Active

Price

^$ 3,000,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

Retail

Lot Size

0.96

Year Built

2024

Town/City

Indio

County/Region

Riverside

MLS | Web ID

NP23211141

Days on Market

201

Features

General

Heating Zoned

Cooling Zoned

Utilities ElectricityConnected

Zoning Commercial

Construction Materials Concrete

Year Built 2024

Electric Standard

Property SubType Retail

County Riverside

New Construction N

Property Type CommercialSale

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Special Listing Conditions Standard

Status Active

Directions 81703 CA-111

City Indio

View Y/N N

Senior Community Y/N N

MLS Area 699 - Not Defined

Lot Size Units SquareFeet

Lot Size Square Feet 41818.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name California 111

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 194

Building Area Units SquareFeet

Standard Status Active

Occupancy Type Tenant

Property Sub Type Additional Retail

Exterior

Fencing None

Lot Features NearPublicTransit StreetLevel

Water Source Public

Inclusions NOI $120 000 Cap Rate 4% with 10% Escalations every 5-Years.

Lot Size Area 41818.0

Spa N

Building Area Total 3680.0

Lot Size Acres 0.96

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 1

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N Y

Fireplace Y/N N

Laundry Features None

Entry Level 1

Electric On Property Y/N N

Internal Only

Street Number 1 81703

* Excluded Features

List By

Coldwell Banker Realty

Broker

(949) 644-1600

Phone

Affordability Calculator

$19,939

Per Month

Monthly Principal & Interest: $19,939
Monthly Property Taxes: --
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Indio, CA

Average List Price ^$1,566,471

Percent of Sale Price 48%

About Indio, CA

89,268 Population

69% Since 2002

^$50,199 Median Income

34.96 Median Age

34% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/14/2023	$3,000,000		Listed Price

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81703 California 111, Indio, CA, 92201 is a Commercial Property for sale at $3,000,000 with 3,680 sqft and a lot size of 0.96. 81703 California 111 is a studio with 0.0 baths and was built in 2024. The property's zip code is 92201 which is in Indio, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 6/2/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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81703 California 111

Commercial Property for sale in Indio, CA

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